Alphabet’s (GOOGL) co-founder Larry Page is setting up a new AI (artificial intelligence) firm called Dynatomics, with a goal to revolutionize manufacturing. Page is seeking to integrate AI into product manufacturing to enhance the efficiency and speed of processes. The billionaire co-founder joins a growing list of entrepreneurs launching startups to create innovative AI-powered solutions for various applications. The news was first reported by The Information, citing people familiar with the matter.
Page is working with a small team of AI engineers and developers, who are working on making “highly optimized” designs for products and then have them manufactured in factories. The team is being led by Chris Anderson, former CTO of Page-led electric airplane startup Kittyhawk. Page’s net worth stands at $143.1 billion as of March 6, 2025, according to Forbes. He ranks seventh on the world’s billionaire list, and a majority of his wealth comes from his vast holdings in Alphabet’s stock.
AI in Manufacturing Could be the Next Big Thing
Page is not the first in the space; in fact, there is a broader ongoing trend of exploring AI’s potential in enhancing manufacturing capabilities. For instance, Orbital Materials is building AI platforms to discover new materials that can be applied for manufacturing batteries and carbon dioxide-capturing cells.
Additionally, PhysicsX is an AI startup, which provides AI tools to engineers to conduct simulations in different sectors, including automotive, aerospace, and material science. Furthermore, Instrumental is utilizing AI-enabled vision to find out abnormalities in factory manufacturing processes.
According to research from Fortune Business Insights, the market size for global AI in manufacturing is forecasted to grow to $695.16 billion by 2032, up from $8.16 billion in 2019. This figure displays an impressive CAGR of 37.7%, highlighting the massive potential in the space.
What Are the Best AI Stocks to Buy Now?
We used the TipRanks Stock Comparison Tool for AI Stocks to understand which stock is most favored by analysts. Investors can consider investing in one of these stocks after thorough research.
Currently, Microsoft (MSFT), Meta Platforms (META), Micron Tech (MU), Amazon (AMZN), and Nvidia (NVDA) score Wall Street’s Strong Buy consensus rating, with NVDA stock offering a higher upside potential compared to the rest.
