The 14 Best AI Development Companies in the World in 2024

Developing Artificial Intelligence or applications that have integrations with AI has been a huge trend in the tech industry as well as other industries that have strong affiliations with tech. This is because AI brings a lot of advancements in making business processes efficient, accurate, and automated, the same reasons why you might want to develop your own AI programs.

One way companies can develop their AI-based applications is by hiring a third-party software development firm, one that either specializes or has a specialized unit for AI and Machine Learning. This sort of outsourcing is usually done through offshore teams for AI development to offshore teams for AI development yielding the benefits of offshoring in a resource-intensive task.

How We Evaluate Companies

Selecting the right partner for AI development is very crucial for your company’s long-term goals as you won’t only collaborate with them for the development but also stick with them for future improvements, updates, and maintenance of your AI systems. For these reasons, we crafted a method of deliberation to shortlist some of the best AI development companies for your business.

We have hand-picked 14 of the best companies involved in AI development services in the world, we took a careful procedure to vet the companies and shortlist the 14 best that your businesses could hire for AI development. We have evaluated these companies on various parameters to understand their value proposition to you as a client, here's those parameters:

• Previous works and AI products developed
• Company size and pricing
• Years of experience of the company and average experience of employees
• Quality of service
• Client testimonials and reviews
• Tech stack they are proficient in
• Company reputation in the market
• Other service offerings

Top Companies

Wipro

Wipro, a global IT powerhouse, leverages its Wipro HOLMES AI Platform to deliver robust enterprise-grade AI solutions. With a team of over 200,000 professionals, Wipro specializes in natural language processing (NLP) and chatbot development, enabling businesses to automate tasks, derive insightful analytics, and enhance customer interactions. Established in 1945 and entering the IT sector in 1980, Wipro serves diverse industries, including manufacturing, banking, financial services, insurance, healthcare, retail, telecommunications, and media. Their global presence spans key locations such as Bengaluru, Santa Clara, London, Melbourne, and Tokyo. For businesses seeking a comprehensive AI transformation, Wipro offers expertise and innovative solutions to drive efficiency and customer satisfaction.

Size: 200,000+

Price: Undisclosed, i.e. contract to contract

Founded in: 1945, entered IT in 1980

Industries Served:

• Manufacturing 
• Consumer and Investment Banking
• Financial Services
• Insurance
• Healthcare
• Retail & Consumer Goods
• Telecommunications & Media

AI Solutions: Wipro HOLMES AI Platform, Natural Language Processing (NLP), Automation Solutions, and AI Chatbots

Locations: 

1. Bengaluru, India
2. Santa Clara, United States
3. London, United Kingdom
4. Melbourne, Australia
5. Tokyo, Japan

Wipro's website

Code B

Code B is a premier AI development company based in Mumbai, India, known for its comprehensive full-stack software development services. Since its inception in 2018, Code B has specialized in web and mobile applications, DevOps, blockchain, and UI/UX design, leveraging top-tier technologies like Node.js, React.js, Python, and more. The team of 40-50 experts excels in crafting tailored AI solutions, including machine learning, AI integration, data science, and AI chatbots. Serving diverse industries such as financial services, retail, healthcare, and education, Code B offers competitive rates of $25 to $49 per hour. Renowned clients like the Indian Coast Guard and Myglamm attest to their capability to transform businesses with innovative AI-driven strategies.

Size: 40 to 50

Price: $25 to $49 per hour

Founded in: 2018

CEO: Riddhesh Ganatra

Industries Served: 

• Financial Services
• Consumer and Investment Banking
• Insurance
• Retail and e-Commerce
• Advertisement, Marketing, and Media
• Education and e-Learning
• Healthcare
• Travel and Hospitality
• Supply-chain and Logistics

AI Solutions: Machine Learning, Natural Language Processing (NLP), AI Development, AI Integration, Automation Solutions, Data Science, and AI Chatbots

Location: Mumbai, India

Code B's website

itCraft

Based in Warsaw, Poland, itCraft has been at the forefront of custom software development for over a decade. With a team of 100+ professionals, itCraft has successfully delivered over 350 digital products across various industries, including healthcare, financial services, and telecommunications. Specializing in generative AI solutions, itCraft offers end-to-end services from concept to deployment, utilizing Agile Scrum methodologies to ensure seamless project execution. Their expertise spans mobile and web development, UX/UI design, QA, and robust project management, compliant with ISO9001:2015 and ISO27001 standards. Clients such as Deloitte Digital and DHL trust itCraft for innovative, high-quality digital solutions, priced competitively at $50 to $99 per hour.

Size: 50 to 249

Price: $50 to $99 an hour

Founded in: 2010

Industries Served:

• Medical and Healthcare
• Financial services
• Supply Chain and Logistics
• Telecommunications

AI Solutions: Generative AI soluitions

Location: Warsaw, Poland

itCraft's website

Accubits

Accubits Technologies, headquartered in Virginia, USA, and with a global presence, is a premier provider of AI and blockchain solutions. Since its founding in 2012, Accubits has empowered governments, Fortune 1000 companies, and tech startups by leveraging cutting-edge technology to drive business growth. Specializing in AI development, AI integration, and blockchain-based solutions, Accubits excels in delivering data-driven services across mobile, cloud, and web platforms. With a team of over 250 professionals, Accubits offers competitively priced services at $25 to $49 per hour. Serving industries such as retail, financial services, education, and government, Accubits is known for its innovative approach and is recognized as a leader in blockchain solutions by Frost and Sullivan.

Size: 250-999

Price: $25 - $49 / hr

Founded in: 2012

Industries Served:

• Retail and e-Commerce
• Business services
• Education and e-Learning
• Financial services
• Government

AI Solutions: AI Development, AI Integration, and Blockchain-based Solutions

Locations: 

1. Vienna, VA, United States
2. Thiruvananthapuram, India
3. Melbourne, Australia
4. Causeway Bay, Hong Kong

Accubits' website

Queppelin

Queppelin, a recipient of the prestigious "Red Herring Asia Award," pioneers innovative IT solutions at the intersection of AI, augmented reality (AR), and virtual reality (VR). With over a decade of experience since its establishment in 2010, Queppelin has been recognized for its excellence in developing AR/VR applications and immersive experiences for advertisers, integrating AI for sustainable solutions. From AR try-on solutions to VR meeting platforms, Queppelin offers end-to-end services tailored to diverse industries such as retail, media, automotive, and gaming. With a global presence in Gurugram, India, and Long Beach, CA, Queppelin serves clients including Google, Facebook, and Samsung. Their specialty services encompass enterprise AI, AR/VR app development, blockchain, and immersive web solutions, empowering businesses to engage users like never before.

Size: 250-999

Price: $25 - $49 / hr

Founded in: 2010

Industries Served:

• Retail and e-Commerce
• Media
• Arts, entertainment & music
• Automotive
• Financial services
• Gaming

AI Solutions: AI Development and Consulting

Locations:

1. Gurugram, India
2. Long Beach, CA, United States

Queppelin's Website

Infosys

Infosys, a global leader in technology and consulting, is renowned for its cutting-edge Infosys Nia automation platform, powered by AI. Since its inception in 1981, Infosys has been at the forefront of leveraging AI to revolutionize business operations, optimize decision-making processes, and elevate customer engagement. With a workforce exceeding 330,000 professionals worldwide, Infosys serves a diverse range of industries across the globe. Their specialty lies in providing custom AI platforms, AI development, and seamless integration services. Whether automating repetitive tasks or deploying intelligent chatbots, Infosys empowers businesses to harness the full potential of AI and stay ahead in today's competitive landscape. For organizations seeking transformative AI solutions, Infosys is a trusted partner committed to driving innovation and delivering exceptional results.

Size: 330,000+

Price: Undisclosed, i.e. contract to contract

Founded in: 1981

Industries Served:

AI Solutions: Custom AI platform, AI Development, and AI Integration

Location:

1. Bengaluru, India
2. Indianapolis, United States
3. Melbourne, Australia
4. Frankfurt, Germany

Infosys' website

Accenture

Accenture

As a global professional services company, Accenture stands out for its holistic approach to AI solutions. Through their Accenture AI initiative, they offer a diverse range of services tailored to meet the unique needs of businesses worldwide. Accenture goes beyond conventional AI offerings, providing comprehensive solutions for supply chain optimization, personalized marketing, healthcare enhancement, and more. With a vast workforce exceeding 710,000 professionals, Accenture's expertise spans industries and continents. From AI development to integrations and consulting, they equip organizations with the tools and insights necessary to thrive in today's AI-driven landscape. For businesses seeking a strategic partner to navigate AI transformation, Accenture's industry-specific solutions and global presence make them a top choice for driving innovation and success.

Size: 710,000+

Price: Undisclosed, i.e. contract to contract

Founded in: 1989

Industries Served:

AI Solutions: AI Development, Integrations, and Consulting

Location:

1. Dublin, Ireland
2. Chicago, United States
3. Singapore
4. Frankfurt, Germany

Accenture's website

Cognizant

As a prominent IT services provider, Cognizant specializes in delivering comprehensive AI solutions tailored to meet the evolving needs of businesses worldwide. With a workforce exceeding 300,000 professionals across the globe, Cognizant boasts extensive expertise in automating tasks, optimizing operations, and developing cutting-edge AI-powered solutions. Their focus on industries such as healthcare underscores their commitment to driving innovation and transformation. From drug discovery to medical imaging analysis, Cognizant offers a range of AI services, including automation solutions, natural language processing (NLP), and consulting. Whether you're seeking to streamline processes or embark on AI-driven innovation, Cognizant serves as your one-stop shop for seamless AI integration and unparalleled expertise.

Size: 300,000+

Price: Undisclosed, i.e. contract to contract

Founded in: 1994

Industries Served:

AI Solutions: Automation Solutions, NLP, and Consulting

Location:

1. Teaneck, United States
2. Pune, India
3. Manchester, United Kingdom
4. Montreal, Canada
5. Stockholm, Sweden

Cognizant's website

Capgemini

Capgemini, a global powerhouse in consulting and digital transformation, leads the charge in leveraging AI to drive innovation across industries. Through their proprietary Capgemini AI Platform, they empower businesses to harness the full potential of AI for personalized customer experiences and robust fraud detection. With a vast workforce exceeding 350,000 professionals worldwide, Capgemini's expertise spans continents and sectors. Their specialty lies in delivering custom AI platforms, AI chatbots, and risk-management solutions tailored to meet the unique needs of each client. Whether you're aiming to enhance customer relationships or mitigate risks, Capgemini offers a suite of AI services designed to propel your business forward. For organizations seeking a trusted AI development partner, Capgemini stands ready to deliver transformative solutions and unparalleled expertise.

Size: 350,000+
Price: Undisclosed, i.e. contract to contract

Founded in: 1967
Industries Served:

AI Solutions: Custom AI Platform, AI Chatbots, and Risk-management solutions
Locations:

1. Paris, France
2. Montreal, Canada
3. New York City, United States
4. Sydney, Australia

Capgemini's website

Forbytes

Established in 2011, Forbytes, originally a Swedish-based e-commerce development firm, has evolved into a global leader in bespoke software solutions. Serving clients across Europe and the US, Fortbytes specializes in e-commerce, fashion, real estate, fintech, gaming, transportation, sports, and nutrition industries. With a dedicated team of around 250 professionals in Sweden and Ukraine, Forbytes offers comprehensive services from project discovery to development and maintenance. Their expertise in AI development, data science, and consulting ensures tailored solutions to meet diverse business needs. Forbytes prioritizes quality, employing highly skilled software engineers proficient in PHP, Microsoft .NET, and NodeJS. For businesses seeking innovative AI-driven solutions, Fortbytes provides cutting-edge technology to drive progress and success.

Size: 50-249

Price: $25 - $49 / hr

Founded in: 2011

Industries Served:

• Retail and e-Commerce
• Business services
• Travel and Hospitality
• Supply Chain and Logistics

AI Solutions: AI Development, Data Science, and Consulting

Location: 

1. Malmo, Sweden
2. Lviv, Ukraine

Forbytes' website

Cisco Systems

As a renowned leader in networking and cybersecurity, Cisco Systems pioneers the integration of AI with their cutting-edge Cisco AI/ML solutions. With a workforce surpassing 83,000 professionals globally, Cisco specializes in leveraging AI and machine learning to revolutionize network infrastructure and enhance cybersecurity. Their focus on intelligent networking enables self-optimizing infrastructure, ensuring seamless operations and peak performance. Moreover, Cisco's AI-powered threat detection solutions provide unparalleled security against evolving cyber threats. Operating across diverse industries, Cisco's expertise spans continents, with locations in key global hubs such as San Jose, Toronto, Tokyo, Amsterdam, and Dubai. For organizations seeking to elevate their network capabilities and fortify their cybersecurity posture, Cisco Systems stands as a trusted partner delivering innovative AI solutions and unmatched expertise.

Size: 83,000+

Price: Undisclosed, i.e. contract to contract

Founded in: 1984

Industries Served:

AI Solutions: AI and Machine Learning based Security solutions

Locations:

1. San Jose, United States
2. Toronto, Canada
3. Tokyo, Japan
4. Amsterdam, Netherlands
5. Dubai, United Arab Emirates

Cisco's website

A3logics

A3Logics, a pioneering force in digital transformation, boasts over two decades of expertise in crafting bespoke IT solutions. As a CMMI Level 3 certified company, A3Logics empowers businesses with cutting-edge technologies, from custom mobile apps to AI-powered software, fostering unparalleled growth and ROI. With a team of 350+ tech experts, A3Logics delivers top-notch services in custom software development, mobile and web app development, machine learning, AI integration, and more. Their commitment to integrity, transparency, and teamwork has led to numerous client success stories across industries such as healthcare, logistics, consumer products, and education. Through tailored AI solutions, A3Logics ensures on-demand scalability, enhanced security, and user-friendly interfaces, positioning businesses for sustained success in the digital era.

Size: 250 to 999

Price: $25 - $49 / hr

Founded in: 2003

Industries Served:

• Medical and Healthcare
• Supply Chain and Logistics
• Consumer products & services
• Business services
• Education and e-Learning

AI Solutions: AI Development, AI Integration, and Managed Services

Locations:

1. Carlsbad, CA, United States
2. Jaipur, India

A3Logics' website

DataRobot

DataRoot Labs, situated in Ukraine, serves as an AI R&D center specializing in empowering startups with innovative AI solutions. Since its establishment in 2016, DataRoot Labs has been at the forefront of AI development, offering core services such as AI solutions development, R&D team recruitment, and startup venture services. With a compact yet highly skilled team ranging from 10 to 49 professionals, DataRoot Labs caters to industries including automotive, education, energy, gaming, and navigation. Their expertise spans generative AI, AI development, consulting, API development, and data science, providing startups with the necessary tools to thrive in today's competitive landscape. By partnering with DataRoot Labs, startups can harness the power of AI to drive growth and innovation in their ventures.

Size: 10-49

Price: $50 - $99 / hr

Founded in: 2016

Industries Served:

• Automotive
• Education and e-Learning
• Energy, Power, and Natural resources
• Navigation, Geolocation, and GPS
• Gaming

AI Solutions: Generative AI, AI Development, AI Consulting, API Development, and Data Science

Location: Kyiv, Ukraine

DataRobot's website

Uinno

Uinno, founded in 2019, emerges as a beacon of excellence in custom software development, drawing from over a decade of collective experience launching startups and collaborating with global brands like Toyota and Allianz. Their track record includes delivering top-tier software products utilized by renowned brands such as Bosch and Mercedes-Benz. Specializing in eLearning, FinTech, HRTech, and beyond, Uinno adopts an engineering approach adaptable to any industry. With a team of 50 to 249 experts across Lviv, Tallinn, and London, Uinno offers a comprehensive suite of services, from the discovery phase to AI development and blockchain solutions. Whether addressing budget constraints or technology risks, Uinno ensures client success stories, exemplified by their swift delivery of Bloomberg-like investment tools and prediction betting platform optimization.

Size: 50 to 249

Price: $25 - $49 / hr

Founded in: 2019

Industries Served:

• Financial services
• Consumer products & services
• Business services
• Education and e-Learning
• Energy, Power, and Natural resources

AI Solutions: AI Development, Consulting, and Generative AI Solutions

Location: 

• Lviv, Ukraine
• Tallinn, Estonia
• London, United Kingdom

Uinno's website

How To Pick

We have shortlisted the 12 best ones that we could vet and list with consideration for different business models, now you must asses this shortlist on your end to identify which is the best fit for your needs and business requirements. Here are the steps on how to pick the best AI development firm in the world for your business transformation.

1. Identify Your Project Needs: Clearly define your project requirements, including objectives, budget, timeline, and desired outcomes.
2. Research Industry Experience: Explore the industries served by each company and assess their experience in your sector through case studies and client testimonials.
3. Evaluate Specialty Services: Examine the range of specialized services offered by each company, such as AI development, machine learning, and blockchain solutions.
4. Review Track Record: Investigate the company's history, notable clients, success stories, reviews, ratings, and awards to gauge their reputation and reliability.
5. Assess Team Expertise: Evaluate the size, composition, skill sets, experience, and certifications of the company's team to ensure they align with your project needs.
6. Compare Pricing and Flexibility: Compare pricing models, hourly rates, and flexibility in adapting to changes in project scope, timeline, and requirements.
7. Check Communication and Collaboration: Assess the company's communication practices, responsiveness, transparency, and collaboration approach to ensure effective project management.
8. Request Proposals and Quotes: Request proposals and quotes from shortlisted companies, detailing their approach, timelines, deliverables, and costs.
9. Conduct Interviews and Due Diligence: Schedule interviews with key team members, ask relevant questions and conduct due diligence to finalize your decision.

Conclusion

In conclusion, choosing the right AI development company requires careful consideration and thorough research. You may confidently choose the ideal partner for your project by following these steps. Finding a trustworthy and competent business requires careful consideration of every stage, from identifying your goals and investigating industry experience to analyzing specialized services and gauging team proficiency. A successful partnership is further ensured by elements including price, communication, innovation, and due diligence. You may choose a business that not only fulfills but beyond your expectations by carefully following these steps and following your gut, opening the door to a profound and influential collaboration.