AI investment is rising, spending more than doubling over four years. A study by International Data Corporation found that AI investment reached $93.5 billion in 2021, up from $40.8 billion in 2017. This intense growth is due to many factors, including the increasing demand for AI-powered services and the expansion of AI into new markets. As businesses continue to invest in AI, it’ll be imperative to track these trends and ensure that your company is positioned to capitalize on this growing industry. Find internet providers that put you at the forefront of innovation. What’s Happening The Stanford Artificial Intelligence Institute (HAI) published its annual AI Index last month. This document attempts to measure the present state of AI in several sectors worldwide. The report, which has appeared every year since 2012, now includes: A new worldwide survey of robotics researchers A chapter on AI ethics AI policy data in 25 countries A Noteworthy Number Global private investment in artificial intelligence rose to $93.5 billion, twice as much as in 2020. However, fewer new businesses are being created. According to the study, recently-funded AI firms have decreased from 1,051 to 762 to 746 in the last three years. It’s becoming increasingly […] read more