Artificial intelligence (AI) continues to evolve, shaping various industries with its advancements. Here are the top AI statistics and facts for 2024 that highlight its impact and growth.
Market Growth:
Global AI Market: Expected to reach $500 billion by 2024, reflecting a compound annual growth rate (CAGR) of over 20%.
AI Investment: Companies worldwide are projected to invest more than $150 billion in AI research and development.
Adoption and Usage:
Business Integration: Over 80% of enterprises are expected to have integrated AI into their operations, up from 60% in 2022.
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