Top 10 Largest AI Companies in China
In this post, let's examine some of the largest AI companies in China, ranked by market capitalization. Go directly to other related articles on Toplist if you ... read more...want to see more of the largest AI companies in other regions ranked by market capitalization.
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Leading AI businesses Baidu has a solid Internet base. They are one of the few businesses in the world to provide a complete AI stack, which includes an infrastructure made up of AI chips, deep learning frameworks, core AI functions like knowledge graphs, speech recognition, computer vision, and augmented reality, as well as an open AI platform to enable widespread application and use. In addition to creative use cases, Baidu has integrated their cutting-edge AI capabilities into our goods and services.
With three growth engines that are all powered by AI, Baidu Core primarily offers online marketing services, non-marketing value-added services, and products and services from new AI efforts.
- Mobile Ecosystem: a portfolio of over one dozen apps, including Baidu App, Haokan, and Baidu Post, which provides an open platform that aggregates a wide range of third-party, long-tail content and services through our AI building blocks and which helps communities connect and share knowledge and information.
- AI Cloud is a full suite of cloud services and solutions, including PaaS, SaaS, and IaaS, uniquely differentiated by our AI solutions.
- Intelligent Driving and Other Growth Initiatives (OGI): our growth initiatives include intelligent driving (self-driving services, including HD Maps, automated valet parking, autonomous navigation pilots, intelligent electric vehicles, and robotaxi fleets), as well as Xiaodu smart devices powered by DuerOS smart assistants and AI chip development.
The market capitalization of Baidu was $47.23 billion as of March 2023. By market cap, this places Baidu as the 334th most valuable firm in the world. The most recent financial reports from Baidu show that the company's current revenue (TTM) is $18.26 billion. The corporation generated $19.25 billion in revenue in 2021, a rise from $15.63 billion in revenue in 2020. The total income that a business makes through the sale of its products or services is known as "revenue." Contrary to earnings, no deduction is made for expenses.
Founded: 2005
Headquarters: Beijing, China
Website: www.baidu.com - Mobile Ecosystem: a portfolio of over one dozen apps, including Baidu App, Haokan, and Baidu Post, which provides an open platform that aggregates a wide range of third-party, long-tail content and services through our AI building blocks and which helps communities connect and share knowledge and information.
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Xiao: I belong to Xiaomi Corporation, which is known as Xiaomi and does business as Xiaomi Inc. Xiaomi is a Chinese company that designs and produces household goods, home appliances, and consumer electronics, as well as related software. The company is rated 338th and is the youngest company on the Fortune Global 500. It is the second-largest smartphone maker in the world, behind Samsung, and the majority of its products operate on the MIUI user interface, which is based on the Android operating system.
While the humanoid robot's current capabilities are extremely limited, Xiaomi announced and unveiled the company's humanoid robot prototype to the public in 2022. The announcement marked the company's ambitions to integrate AI into its product designs as well as develop their humanoid robot project into the future.
Xiao-Market I's valuation as of March 2023 is $0.43 billion. According to our data, this places Xiao-I as the 5515th most valuable company in the world by market cap. The market capitalization, often known as "market cap," is a measure of a firm's value that takes into account all of the outstanding shares of a publicly listed company.
Founded: April 6, 2010
Headquarters: Haidian District, Beijing, ChinaWebsite: mi.com
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Incubated by the Chinese Academy of Sciences, Cloudwalk is a pioneering AI firm in China that is working to build three significant national platforms and take part in the development of market and government standards. In order to create a more peaceful and benevolent intelligent future, Cloudwalk, the world's top platform for man-machine coordination, focuses on every scene of people's lives and offers users cross-scene, cross-industry, and personalized AI services.
With a market share of 82.8% in the financial sector, Cloudwalk has emerged as the leading AI supplier. creating comprehensive solutions based on big data, cognitive computing, and AI technologies that are leading in their fields. Every day, 300 million people worldwide benefit from an intelligent, practical, and user-friendly AI experience thanks to Cloudwalk.
As China's construction of new infrastructure progresses, Cloudwalk affirms its commitment to upholding its initial principles, investigating man-machine coordination in novel ways, defining AI life, enhancing human potential, and creating a peaceful and welcoming AI-based future for the entire planet.
Founded: 2015
Headquarters: Building 11, Zhangjiang Artificial Intelligence Island, Lane 55, Chuanhe Road, Pudong New Area, Pudong, Shanghai, 201210, China
Website: https://www.cloudwalk.com/ -
With operations in China, Indonesia, Japan, South Korea, Macau, Malaysia, the Philippines, Saudi Arabia, Singapore, Taiwan, Thailand, and the United Arab Emirates, SenseTime is an artificial intelligence firm with its headquarters in Hong Kong. The business develops technologies including facial recognition, image recognition, object detection, optical character recognition, medical image analysis, video analysis, autonomous driving, and remote sensing.
Leading international firm SenseTime is committed to creating ethical AI solutions that promote economies, societies, and mankind for a better future. One of the many technological advances produced by SenseTime is the first computer system ever to identify objects more accurately than the human eye. SenseTime is committed to creating unique AI algorithms that have a positive influence on society. Due to their very effective production methods, they have emerged as a major global provider of AI algorithms. Customers and partners all over the world rely on SenseTimes' technology to help solve real-life problems.
Founded: 2014
Headquarters: Science Park, Hong Kong
Website: https://www.sensetime.com/ -
Leading Chinese autonomous driving business UISEE, established in February 2016, is dedicated to providing AI driving services for various industries and environments and developing AI drivers that enable a new mobility and logistics ecology. The R&D center, trial manufacturing facility, and application innovation center are all located in Shanghai Jiading and Zhejiang Jiashan, respectively.
The headquarters and R&D center are in Beijing. UISEE also has commercial offices in Shenzhen, Guangxi, Chengdu, and Wuhan. In order to alter human lifestyles, provide people with a multi-functional, safe, and equal travel experience, and develop an effective, eco-friendly resource operation model, UISEE is devoted to adopting AI driving.
Founded: 2016
Headquarters: Jiacheng Plaza, Chaoyang, Beijing, China
Website: https://www.uisee.com/ -
Chinese speech recognition, natural language processing, and vertical search technologies are among the consumer electronics sold and internally developed by Beijing, China-based Mobvoi Information Technology Company Limited.
The following is a list of the current members of the Board of Directors. Since its founding, Mobvoi has raised US$75 million in five rounds of funding headed by Sequoia Capital, ZhenFund, SIG, Perfect Optronics Ltd. (HK listed), GoerTek (A-share listed), and Google.In order to advance next-generation human-machine interaction, Mobvoi leverages AI technologies. They have created their own Chinese voice technologies and are constantly improving fundamental voice-based technologies thanks to their extensive AI application expertise. Through its relationships with Google and Volkswagen, Mobvoi is not only at the forefront of innovation in the field of AI technology but also in using voice-based AI to solve a variety of real-world issues and circumstances.
Founded: 2012
Headquarters: 8/F, Daheng Technology Building No.3, Suzhou Street, Haidian District, Beijing, Beijing, China
Website: www.mobvoi.com -
Cambrian was founded in 2016 with a focus on the research and development of artificial intelligence chip products and technical innovation. Dedicated to developing core processor chips in the field of artificial intelligence so that robots may more effectively comprehend and assist humans.
A number of smart chip devices are offered by Cambrian, together with platform-based fundamental system software, collaboration between software and hardware, training and reasoning integration, and a unified ecosystem. In the fields of the Internet, finance, transportation, energy, electric power, and manufacturing, Cambrian products are widely used by server manufacturers and industrial companies, providing enough computing power for complex AI application scenarios. These products also support the modernization of industries that use artificial intelligence.Cambrian's vision is to 'help machines better understand and assist humans," and their objective is to 'produce value for clients and become a leader in the intelligent era of continuous innovation'. They are a leader in the development of global smart chips and place a strong emphasis on the study, creation, and technological advancement of artificial intelligence chip products. Across a wide range of industrial organizations, their technologies are utilized to simplify complex AI application situations in the sectors of the Internet, banking, transportation, energy, and manufacturing.
Founded: 2016
Headquarters: Floor 11, 13, 14, 16, 17, Block D, Zhizhen Building, No. 7 Zhichun Road, Haidian District, Beijing
Website: https://www.cambricon.com/ -
Rokid is a manufacturer of augmented reality glasses for industry, exhibition, and infrared, with headquarters in Hangzhou, China. Focusing on research and product development in mixed reality and AI, Rokid provides extraordinary user experiences, powerful enterprise solutions, and outstanding products for development communities. "Leave nobody behind" is Rokid's motto. As a result, the organization is driven by this enthusiasm to have a positive and significant impact on a variety of industries.
T1 thermal glasses, also known as COVID-19 detecting glasses, were recently introduced by Rokid in the US. They employ an infrared sensor that, in two minutes, can determine the temperature of up to 200 people at a distance of three meters.
Founded: 2014
Headquarters: Building 22 Xixi One Creative Business Center No. 808 Wener West Xihu District Rd., Hangzhou, Zhejiang, China
Website: www.rokid.com -
Megvii is a market pioneer for AI products and services. Their primary area of expertise is deep learning, which is a major force behind the AI revolution. They primarily concentrate on the consumer IoT, city IoT, and supply chain IoT sectors, where algorithms can produce significant value.
They provide customers with full-stack solutions that combine hardware, software, and algorithms. Established in 2011, Megvii today has over 3,000 people, a global presence, and supports hundreds of thousands of developers and over 3,000 customers across a variety of sectors.Megvii has developed an entire AIoT product system that is centered on the potent AI capabilities of Brain++. It consists of an AIoT operating system, hardware, and industry applications that have all been completely redesigned by AI, realizing functional integration from IoT connectivity, data processing, digital twins, and application empowerment.
Founded: 2011
Headquarters: No. 1268, Building 12, Building Middle Road, Xisanqi Building Materials, Haidian District, Beijing
Website: https://en.megvii.com/ -
UBTECH, founded in 2012, is a market-leading AI and humanoid robotics firm. The basic component that allows humanoid robots to move, digital servos, first made industry-leading advances in 2008. As a result, UBTECH expanded its global research, design, development, manufacturing, sales, and marketing capabilities to successfully introduce a full portfolio of top-tier robots. Consumer humanoid robots, commercial service robots, and STEM skill-building robots for children to use in the classroom and at home through JIMU Robot are a few of them.
End-to-end AI robotic education solutions are offered by UBTECH to help students at every level become future-ready. The key AI and robotic technologies are the focus of UBTECH's application-focused research, forward-looking research, and commercialization efforts. The company offers smart industrial solutions for various commercial services, logistics, inspections, public health, and epidemic prevention and has introduced a number of business service robots and personal and home service robots.
Founded: 2012
Headquarters: 16th & 22nd Fl Block C1 Shan I Park No. 1001 Xueyuan Roadshan District, Shenzhen, Guangdong, China
Website: https://www.ubtrobot.com/