AI investment falls for first time in a decade

The US experienced a 35.5% drop in investment last year, while China saw a decline of 41.3%

clock • 3 min read
AI investment falls for first time in a decade

Global private investment in AI, the number of AI startups, and related M&A and IPO movements fell last year for the first time in the last 10 years

The AI Index Report 2023 [pdf], conducted by the Institute for Human-Centered AI at Stanford University, found that global private investment in AI reached $91.9 billion in 2022, down 26.7% from 20...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

You may also like
500 AI models optimised for Core Ultra processors, says Intel

Chips and Components

The models can be used across the Core Ultra range of CPUs, GPUs and NPUs

clock 02 May 2024 • 2 min read
Microsoft inks $10 billion deal to power AI  with renewables

Green

Partnership will result in the construction of large-scale wind and solar farms

clock 02 May 2024 • 2 min read
Experimental Morris II worm can exploit popular AI services to steal data and spread malware

Threats and Risks

Cornell researchers created worm 'to serve as a whistleblower'

clock 01 May 2024 • 3 min read

More on Big Data and Analytics

Belfast to spearhead UK's digital revolution with £37m Digital Twin Centre

Belfast to spearhead UK's digital revolution with £37m Digital Twin Centre

Aim is to foster innovation across engineering sectors

clock 02 May 2024 • 2 min read
Even CERN has to queue for GPUs. Here's how they optimise what they have

Even CERN has to queue for GPUs. Here's how they optimise what they have

'There's a tendency to say that all ML workloads need a GPU, but for inference you probably don't need them'

John Leonard
clock 17 April 2024 • 4 min read
Partner Content: Why good data is the foundation of AI success

Partner Content: Why good data is the foundation of AI success

Does your organisation have the right quantity and quality of data to make its AI ambitions a reality?

Arrow
clock 04 April 2024 • 2 min read