China has emerged as a global hub for technology and innovation, in particular within the field of artificial intelligence (AI). Several businesses are looking to undertake AI in their business process to lead them to human error-free and automated tasks. By doing so, they will also be capable of enhancing the efficiency of their team of workers to grow their overall productivity. Companies use synthetic intelligence to stay competitive in the marketplace and offer solutions to their customers’ problems.
This article will tell you about AI companies and the top 10 AI corporations in China.
What are Artificial Intelligence Companies?
Artificial Intelligence (AI) companies specialize in developing, researching, and implementing technologies related to AI. These organizations focus on growing intelligent networks, content, software, algorithms, and hardware that simulate human-like cognitive features. Moreover, they enable machines to learn, perceive, and make decisions autonomously to reduce human errors.
Top 10 AI Companies in China
AI technology is going to change the world we live in and how we interact with things and procedures. In this section, we have compiled a list of the top ten AI Companies that are using AI to form a better world. Understanding the top players in the field of AI is important to manage and stay competitive in this industry. Here, you will get to know some of the top AI companies in China:
- ByteDance
- SenseTime
- Megvii
- Momenta
- Didi Woya
- UBTECH Robotics
- Rokid
- Mobvoi
- Cambricon
- Pudu Robotics
1- ByteDance
Firstly, we have enlisted ByteDance to our list of the top 10 AI companies in China because of its efficiency. This artificial intelligence company has raised $9.5 billion in funding across the world and provides solutions to various problems. It inspires creativity that enriches the lives of both customers and users by providing them with information and entertainment. This AI company was founded by a team led by Yiming Zhang and Rubo Liang.
2- SenseTime
SenseTime is the second-largest AI company in China that implements face recognition technology. This artificial intelligence firm has gathered $2.6 billion in funding and offers multiple solutions to a variety of problems. It develops face recognition technology that can be integrated with many banking systems to approve payments. This AI company was founded by Tang Xiao’ou in October 2014.
3- Megvii
Megvii is a software-based company that offers Face++ Cognitive Services. It is a program that helps your computer read and understand the world around them in a better way. This firm has raised $1.4 billion in funding with the aim of making the world a better place. It was founded by Yang Mu, Yin Qi, and Tang Wenbin in 2011.
4- Momenta
Momenta has emerged as a game changer in the world of artificial intelligence companies. This AI firm is the biggest autonomous driving technology that helps businesses boost their workforce’s efficiency. Further, it has raised $1.2 billion in funding across the globe, aiming to shape the future. It was founded by Cao Xudong in September 2016.
5- Didi Woya
Didi Woya has come up with the development of self-driving technology in the vehicle landscape. It is trying to take tourists’ or daily travelers’ journeys to another level of comfort and ease. This AI firm has raised $1.1 billion in funding, aiming to make every journey comfortable. It was established by Bo Zhang, Jean Liu, Rui Wu, and Wei Cheng on September 1, 2012.
6- UBTECH Robotics
UBTECH Robotics is trying to revolutionize the way we interact with robots and machines. It is shaping the future of technology and robotics by producing and commercializing humanoid robots. Further, this firm is trying to make it available to normal people to make use of it and harness its benefits. This AI firm has raised $942.8 million in funding across the world, aiming to make it robotic.
7- Rokid
Rokid is going to change the world of AR glasses by producing Pebble virtual assistance for individuals. It is an innovative AI technology company that specializes in AI development and robotics research. Further, this has raised $452.9 million across the globe, aiming to provide a seamless experience of the virtual world.
8- Mobvoi
Mobvoi is another famous and extraordinary AI technology consumer company in China that develops Chinese voice recognition technology. Further, it has developed many technologies, including vertical in-house search technology and natural language processing. This firm has raised $252.8 million across the world, aiming to make it perfect for living along with comfort and ease. It was founded by Zhifei Li in October 2012.
9- Cambricon
Cambricon is using artificial intelligence technology to produce AI chips to make machines’ performance better and automated. It has raised $200 million across the globe, aiming to make the workforce more efficient for businesses. By utilizing these chips, machines will have the potential to reduce human errors. It was founded by Chen in 2016.
10- Pudu Robotics
Lastly, the most efficient AI company in China, Pudu Robotics, develops robotic SKUs for food delivery. These SKUs can be used to return dishes in smart homes and hotels/restaurants. It has raised $199.2 million across the world, aiming to make food delivery a one-minute job. It was founded by Tao Zhang and Peng Chen in 2016.
Final Verdict
China is going to make the world a better place for living and surviving for humans with the assistance of AI. Many companies in China use artificial intelligence (AI) to develop specialized AI-driven offerings for individuals to make their daily lives easy. Companies like Cambricon and Pudu Robotics are trying to make humanoids to make the lifestyle an attractive and comfortable factor. Didi Woya is going to make the transport network comfortable for individuals by offering them easy driving with automated driving assistance.
