In the 2010s, big tech companies, startups and communities of developers used algorithm marketplaces to share and sell their work.
In 2018, Microsoft paid $7.5 billion to buy GitHub, a popular development platform allowing anyone to host and review code, to collaborate with other developers and to build all kinds of projects.
Amazon’s AWS hosts its own marketplace, offering models and algorithms for computer vision, speech recognition, and text—and its base of sellers includes Intel, CloudSight and many others. (Think of AWS Marketplace as an Amazon for algorithms and models.)
There are marketplaces for generalists, like GenesisAI and Algorithmia, where developers can upload their work and receive payment when others pay to access it.
Now there are specialized marketplaces for specific use cases: Nuance AI Marketplace offers A.I. developers a single API to connect their algorithms to radiologists at 6,500 healthcare facilities. Quantiacs allows developers to build algorithmic trading systems, and it matches their algorithms up with capital from institutional investors.
Bonseyes is a European-specific marketplace to buy and sell A.I. tools.
This trend is part of our section on Artificial Intelligence. Other trends in this section include:
Accountants, Advertising and Public Relations, Aerospace, Agriculture, Airlines, Alternative Energy Production & Services, Architectural Services, Auto Manufacturers, Banking, Bars & Restaurants, Beer, Wine and Liquor, Book Publishers, Broadcasters, Radio and TV, Builders/General Contractors, Cable & Satellite TV Production & Distribution, Casinos/Gambling, Chemical & Related Manufacturing, Civil Servants/Public Officials, Clergy & Religious Organizations, Clothing Manufacturing, Commercial TV & Radio Stations, Construction, Covid-19/ coronavirus, CPG, Cruise Ships & Lines, Defense, Diplomacy, Doctors & Other Health Professionals, Drug Manufacturers, Education Colleges & Universities, Education K-12, Education Online, Education Trades, Electric Utilities, Entertainment Industry, Environment, Foreign & Defense Policy, Gas & Oil, Government - International, Government - National, Government - State and Local, Health Professionals, Heavy Industry, Hedge Funds, Hospitality, Hotels/Motels/Tourism, Human Resources, Information Technology, Infrastructure, Insurance, Law Enforcement, Lawyers/Law Firms/Legal Industry, Lobbyists, Luxury Retail, Magazines, Manufacturing, National Security, News Media, Non-profits/Foundations/Philanthropists, Online Media, Pharmaceuticals/Health Products, Private Equity, Professional Services, Professional Sports, Radio/TV Stations, Real Estate, Retail, Technology Company, Telecommunications, Trade Associations, Transportation, Travel Industry, TV Production, TV/Movies/Music, Utilities, Venture Capital, Waste Management, Work (Future of)