US Increases AI Investment by 120% Over Year

In 2017, China surpassed the United States in investment in artificial intelligence (AI). However, data for 2018, collected by ABI Research analysts, allowed them to conclude that the United States regained leadership.

Moreover, the United States accounts for more investment in AI than all other countries combined. More precisely, 52.3%. Based on investment data for 2019, analysts say the gap between the United States and China continues to widen. According to the results of the year, the US share is expected to reach 70%.

Turning to absolute values, US investment in AI in 2018 amounted to $ 9.7 billion. This is 120% more than in 2017. The estimate for 2019 is $ 14 billion. The main areas of investment include the development of self-driving cars, industrial production, automation of robotic processes, data analysis and cybersecurity.

Leave a Reply

Your email address will not be published. Required fields are marked *

12 + 1 =