Tech | June 28, 2017 12:33 pm

The 50 Smartest Companies in 2017, According to MIT Experts

MIT Technology Review ranked the most innovative companies in the world.

en-Hsun Huang, president and chief executive officer of Nvidia Corp., holds the Nvidia Xavier high-end computing module as he speaks during a keynote presentation at the 2017 Consumer Electronics Show (CES) in Las Vegas, Nevada, U.S., on Wednesday, Jan. 4, 2017. Nvidia, the biggest maker of graphics chips, announced a new version of its Shield set-top box and the debut of an online service designed to bring millions of new consumers to high-end computer games. (David Paul Morris/Bloomberg via Getty Images)
en-Hsun Huang, president and chief executive officer of Nvidia Corp., holds the Nvidia Xavier high-end computing module as he speaks during a keynote presentation at the 2017 Consumer Electronics Show (CES) in Las Vegas, Nevada, U.S., on Wednesday, Jan. 4, 2017. Nvidia, the biggest maker of graphics chips, announced a new version of its Shield set-top box and the debut of an online service designed to bring millions of new consumers to high-end computer games. (David Paul Morris/Bloomberg via Getty Images)

Amazon and Google might be the household names—but experts think some little-known companies are run smarter.

Editors of MIT Technology Review have ranked fifty of the world’s smartest companies each year, and they just released their list for 2017. The ranking’s based on a firm’s business savvy and creative use of emerging technology.

Nvidia topped the rankings for its AI software and nascent AI-related businesses. It’s been on this list for the last three years in a row, but that’s been primarily because of its graphics chips and innovations in manufacturing them. Nvidia chips are used by most of the Internet and cloud-based service providers, according to MIT Technology Review.

Yet, the company’s data-center business increased 186 percent in the last year. Given how forward-leaning the company has become, it’s not surprising Nvidia boasts a whopping $90.9 billion valuation.

Of course, the list includes major companies like Apple and Facebook, but there are several newcomers, too. Topping both of those in eleventh place, Face++ is a pioneer in facial recognition technology. Meanwhile, additive manufacturing firms like Carbon and Desktop Metal beat out Microsoft and IBM.

In addition to Nvidia, SpaceX, Amazon, 23andMe, and Alphabet round out the list’s top five spots.