Data analysis companies form the bulk of AI companies in Europe, perhaps because of the artificial intelligence that needs Data and its emergence of Cloud and large Data trends in recent years.

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Sales and Marketing AI companies tend to solve well-known problems with the new abundance of data, and take advantage of the improvements in the world of NLP ( natural language processing ) and the use of the NLG ( natural language generation ) in the world of mobile and IoT.
As software engineers approach machine learning and computer vision issues, they are more likely to start an AI company than others.
Computer vision is one of the oldest areas of the new wave of deep learning technologies.

By automating tasks based on analysis, subtle judgments and problem solving, AI can pose a threat to low-level, predictable and routine jobs in sectors such as retail and financial services and indirectly through the wider automation of the automotive industry and some other manufacturing industries.
The increase in AI and the increase in productivity will increase the number of opportunities for employees to improve their skills and focus on creative aspects.
For example, with the deep learning and predictive analysis tools, AI can significantly reduce the cost and time of drug development in the pharmaceutical industry by predicting the therapeutic use of new drugs, which increases the enormous efficiency of drug use.
The evolution of AI is currently being guided by the exponential growth of computing power and the robust ecosystem of cloud and intelligent devices.

Future of Life Institute

I’m Digital Marketing Specialist since 2011. I have successfully completed 250 Projects till date. Majority of my clients are from the USA, UK and Australia.