Magnesium Batteries In Industrial Applications Can Be An Alternative To Lithium-Ion Batteries
Artificial Intelligence Expected to Spend More By Investing in Corporates
By Aarti Dhapte , 03 April, 2024
Artificial intelligence is driving the corporate sector exponentially. The investment in artificial intelligence (AI) companies has increased over the years, and the global AI market is supposed to expand to USD 2 trillion by 2030. The surveys are finding the increasing investments of AI in the corporate sector for 2023.
Based on a survey conducted by the Stanford University analysis, artificial intelligence estimated the total mergers and acquisitions, public offerings, and others amounted to USD 934.2 billion from 2013 to 2022. The fake intelligence investment in 2023 is ruling every market sector to revolutionize the technology world. Apart from the world of technology, artificial intelligence is investing heavily in industries, healthcare sectors, automotive companies, and others. According to a reputed source, artificial intelligence worldwide is generating approximately USD 100 billion in 2023. The source cites that the artificial intelligence market is expected to reach USD 2 trillion by 2030. The data shows that from 2013 to 2022, AI-based companies experienced a significant investment of USD 276.1 billion in 2021 for the corporate sector.According to a board analysis based on the data provided by the source on AI investment, until the third quarter in 2023, around fifteen AI companies made up to USD 21 billion in value. The generative AI companies dominated the source of income from companies doing text, translation, human-computer interaction, and others in 2023. Among the list of companies, the three top charts are OpenAI, Cruise, and Databricks, valued around USD 43 billion, USD 30 billion, and USD 29 billion, respectively, in 2023.
Companies are improving their AI skills and capabilities so that artificial intelligence can help in their improvement in different ways. AI investment accelerates the company’s financial analysis, and experts believe that industries are expecting meaningful changes with the technology in various sectors.
Latest News
Magnesium Batteries In Industrial Applications Can Be An Alternative To Lithium-Ion Batteries
The magnesium metal market is growing due to its versatility in various sectors. The metal is widely used in different industrial applications. Thus, magnesium metal is expected to grow throughout 2024. Magnesium batteries will be an alternative to…
International Monetary Fund Reports Artificial Intelligence Role In Boosting UK Economy
Artificial intelligence is growing exponentially in today’s world. It is used in different applications ranging from tech to healthcare. Artificial intelligence can transform the efficiency of work in every sector if used wisely. International…
Europe’s Clean Energy Transition Funds May Suffer From Dip In Carbon Prices
Carbon dioxide prices are changing due to fluctuating market conditions in 2024. The trading markets of the European Union experienced a lower carbon emissions rate in 2024. This indicates that the harmful carbon emissions have lowered in the…
Geopolitical Issues Led To Surge In Oil Prices In 2024
The oil market faces several issues with its price bar in the first half of 2024. Recently, a survey suggested that crude oil prices are affected for several reasons. Geopolitical conflicts in different regions are the foremost reason behind the…
Copper Sees Growing Demand With Growing Production Of Electric Vehicles
The copper market is experiencing a surge in demand in light of the increasing production of electric vehicles. The surveys conducted in 2024 suggest that the copper market will experience exponential growth by 2035. Artificial intelligence (AI) will…
Aarti Dhapte
Team Lead - Research
Latest News
International Monetary Fund Reports Artificial Intelligence Role In Boosting UK Economy
Europe’s Clean Energy Transition Funds May Suffer From Dip In Carbon Prices
Geopolitical Issues Led To Surge In Oil Prices In 2024
Copper Sees Growing Demand With Growing Production Of Electric Vehicles
