Global Artificial Intelligence Spending Surge - TechRound

Recent years have witnessed a swell in the adoption of artificial intelligence solutions, revolutionising industries, and helping businesses boost growth. The rising volume and complexity of business data are set to continue driving AI adoption in the following years, causing a surge in global AI spending. According to data presented by BuyShares, global artificial intelligence spending is expected to surge by 120% and hit $110bn by 2024. Businesses across the world use AI technology to be innovative and scalable. Using automation, deep learning, and natural language processing can improve their decision-making, efficiency, speed, and help predict trends.