Tesla's (TSLA +0.68%) work on self-driving cars uses machine learning. Although self-driving cars have become controversial, they are one of the most exciting developments in machine learning.
Emulating the many split-second decisions a human driver makes is unfathomably complex. However, Tesla is steadily improving its Autopilot and Full Self-Driving (which isn't fully self-driving, at least not yet) vehicles. The electric vehicle (EV) maker regularly releases updates for its machine learning-enabled vehicles via cloud-based software. With Tesla vehicles racking up almost 10 billion miles of FSD, the company has amassed vast amounts of data for its ML systems to learn from.
In the fourth quarter of 2024, Tesla launched its training cluster Cortex, which helped facilitate the development of Full Self-Driving version 13. There's also speculation that the company is developing Cortex 2.0 to help train the Optimus humanoid robots, as well as Full Self-Driving.
Tesla collects video and data from Tesla owners to continuously improve its machine learning algorithms. Additionally, the company has applied its software expertise to the global power grid, virtually managing and automating storage for use across its own network of charging stations, as well as selling power to local electric utilities and other businesses that need power.
Further demonstrating its ML prowess, Tesla launched its first commercial robotaxi service with paying customers in the second quarter of 2025, with a long-term goal of expanding heavily throughout the U.S., subject to regulatory approvals.
The stock trades at a steep premium, but investors are betting Tesla will be able to use its lead in AI and machine learning to disrupt the energy and transportation status quo for years to come.
3. Accenture