NVIDIA topped the latest edition of MIT Technology Review’s list of 50 Smartest Companies. The magazine’s 2017 list, released Tuesday, ranks companies that combine innovative technology with an effective business model.
“The companies on the list combine a high level of technology innovation with a business model that will help them make the most of it,” said Nanette Byrnes, business senior editor of MIT Technology Review. “These are the ones that competitors must follow.”
Rounding out the top five on the list are SpaceX, Amazon, 23andMe, and Alphabet. Many of the companies on the list use deep learning and artificial intelligence, “a technology that MIT Technology Review believes will drive much of the economic growth over the next few years.”
NVIDIA, MIT Tech Review’s staff wrote, “has established itself as the leading provider of processing power for AI software, and its newer, AI-related businesses are growing quickly.”
This is the third straight year MIT Tech Review featured NVIDIA on its list, having climbed from No. 28 in the 2015 list, and No 12 on last year’s list. Tesla Motors topped 2015’s list, and Amazon topped last year’s list.