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PostedJul 507/05/2022, 10:36 AM
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Forbes issued a new list of AI 50 2022: North America’s Top AI Companies. The fourth annual list, done in partnership with Sequoia Capital, recognizes most prominent privately-held North American companies making the most interesting and effective use of AI technology. 🔹 IDC research firm confirms that investments in AI research and applications are set to hit $500 billion by 2024. 🔹 PwC predicts AI will contribute $15.7 trillion to the global economy by 2030. 🔹 The newcomer to the list is Hugging Face, a freshly turned $2 billion unicorn. Hugging Face is an open-source platform with plug-and-play ML models used by developers to build features like search, text moderation, image segmentation. #AI