Five Companies Leading the Way in Computational Tech
Even though companies are quick to throw out machine learning and artificial learning, neither are brand new concepts. If you look back into early Greek mythology, you’ll read about Talos, a bronze statue who guarded the island of Crete by throwing stones at passing ships. Today, the evolution of computational tech works towards fending off cyber attacks and helping people stay connected in their daily lives. Additionally, companies are working towards revolutionary ideas that help us achieve more than we ever thought possible. According to Forbes, despite AI and Machine Learning seeming similar, there are several distinct differences. AI is a technology that works towards making devices mirroring human interactions and the ways they make decisions. Several vital examples are automated stock trading systems and cars designed to intelligently sense when a driver needs to make a sudden stop or alerts them to an obstruction likely to cause an accident. On the other hand, machine learning is the theory that data added to systems allows computers to make logical use of the input. According to EM360tech, since 2012, approximately half of AI startups have venture capital backing. Many end up selling to more prominent companies like Facebook or Apple. Today, AI hasn’t reached its full potential, and many companies still focus on machine learning for computational tech. In this list, you’ll find some companies you may be unfamiliar with and others you use on a daily basis. They all have one thing in common; they are five companies leading the way in computational tech.
5. Baidu
Baidu is based out of China and focuses primarily on natural language processing. One of its most notable innovations was a group of chatbots and voice-activated applications. The company is rumored to be the tenth biggest buyer of acquisitions in the world. According to Baidu, they are driving towards a world made more straightforward with technology. They are also one of the only companies in the world that offers full-stack AI. Some of the companies’ services are a Mobile Ecosystem that uses third-party applications for AI building blocks. Additionally, Baidu utilizes an AI Cloud, which includes PaaS, SaaS, and IaaS. The company has been on NASDAQ since 2005 and the Stock Exchange of Hong Kong Limited since March 2021.
4. Pindrop
This company is one of the first to use computational tech to recognize subtleties on your phone calls likely to compromise your private information or invade your privacy. One of the programs they use is “Phoneprinting,” or the ability to find the subtleties in each phone call. To do this, the system analyzes over a thousand features like background noise, location, and the history of the phone number to determine if it’s a fraudulent call. One of the best applications for this is the latest trend in smishing or fraudulent phone calls from companies who use illegal scams that convince people to pass on their credit information or other personal data that leads to them being hacked. Think of this technology like face recognition on your phone; both pick-up subtleties keep you safe and help your information not be compromised.
3. Qubit
The founders of Qubit previously worked for Google and wanted to use more unique ways to collect, store, and process data. Their platforms led to more website optimization. Even though the company started small, they now assist almost a billion internet users each day. The company’s headquarters are in Covenant Garden, London. Unlike many tech companies in Silicon Valley, this one maintains its small roots while having a global impact. Some of their most prominent investors include Goldman Sachs, Sapphire Ventures, and Balderton Capital.
2. Intel
The company started in 1968, making it the oldest on this list. Intel remains a leader because, after almost five decades, they remain on the cutting edge of technology. If you look at your computer, chances are it has a version of Intel processor. They also help drive many artificial intelligence products as well as the evolution of the 5G network. The company offers end-to-end software which optimizes various programs for traditional machine learning as well as deep learning. The sutures are built open-standards-based, unified one API allowing an impressive level of productivity.
1. Google
According to The New York Times, in 2019, Google made one of the most significant breakthroughs in computational technology. Scientists started working on it in the mid-80s and now achieved what is known as “quantum supremacy.” This technology will enable computers to operate at speeds never before seen with today’s technology. Having the quantum machine will push AI to unimaginable limits and make some of the fastest computers in the world obsolete. Quantum machines didn’t happen overnight; in fact, it took a century of quantum mathematics to achieve this feat. Everything about Google’s technology flies in the face of what we know as a traditional computer. Another standout with Google’s innovation is that it proved these types of computers could be stable. Before, technology wasn’t widely sought after because people felt the machines wouldn’t perform day-to-day functions. After achieving this, many other tech giants like IBM and Microsoft are working in the same space but haven’t achieved what Google has.
Final words
Gone are the days when we relied on a dusty set of encyclopedias and a computer that ran on Windows 3.1 and accessed the internet from your landline, another technology that is becoming obsolete. Instead, companies are moving us further into the future by providing technology through computer algorithms and data that keep us safe and an integral part of our daily lives. Stewart Brand once said, “once a new technology rolls over you, if you’re not part of the steamrooler, you’re part of the road.” These companies prove the technology is moving at the speed of light, and although it may be hard to keep up with all of the new advancements, each one helps make our day-to-day lives more seamless and productive.
