AI Investing

2020-10-29T18:04:34+00:00

Investing In AI (Artificial Intelligence) Artificial intelligence (AI) has been pegged by some as the fourth industrial revolution, with many industries and countries investing heavily in it. According to Statista, it is estimated that there will be massive growth in revenues from AI over the next several years, reaching US$126 billion in 2025, up from US$1.37 billion in 2018. Meanwhile, a report from McKinsey Global Institute predicts that the potential value of AI could reach US$13 trillion annually by 2030. With a large majority of companies across nine business functions in 19 industries making investments, AI has the potential for over 400 use [...]