AI market to be worth $156bn this year

Worldwide revenues for AI market, including software, hardware, and services, are expected to total $156.5 billion in 2020, an increase of 12.3% over 2019. Revenues over $300 billion are forecast in 2024 with a five-year CAGR of 17.1%. Software is the largest AI technology group delivering roughly 80% of all AI revenue. Most of the ...

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