Artificial intelligence, otherwise known as AI, is becoming ever more prominent in our day-to-day lives, both personally and at work.
The market size of AI is gaining momentum. According to Precedence Research, the global AI market size was estimated at $119.8bn in 2022 and it is expected to be $1.6trn by 2030, with a forecast compound annual growth rate of 38.1% from 2022 to 2030. So, what is driving this growth? Credit Suisse warns of further pain after biggest losses since 2008 The rapid penetration of digital technologies and internet has significantly contributed towards the growth of the global AI market in the past few years. Heavy investments by the tech giants in research and development are contin...
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