Advanced Computing in the Age of AI | Monday, May 27, 2024

AI spending

IDC: Worldwide AI Spending Grew Over 20% in 2021, will Reach $450B in 2022

A new report from IDC predicts the global market value of artificial intelligence solutions will reach close to $450 billion in 2022 and will continue to grow over the ...Full Article

AI Emerges as US Priority in Budget Talks

Among a lengthy list of U.S. technology initiatives included in pending budget legislation is a proposed National Artificial Intelligence Initiative that would be managed across several science agencies. The ...Full Article

After Pause, AI Software Market Expected to Soar

The upward advance of the global AI software market is forecast to rise between its current $16.4 billion level to as high as nearly $100 billion by 2025 as ...Full Article

U.S. Non-Military AI Investments Near $1B

The White House projected this week that U.S. civilian research agencies will spend nearly $1 billion on AI research during the next fiscal year. The estimate was released by ...Full Article
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