Corporate investment in AI down for first time in a decade • The Register

Global private investment and the number of AI startups decreased in 2022, while the industry's adoption of the technology has plateaued compared to previous years, according to new data. This revelation hits at a time when AI hype is at an all-time high. Commercial tools capable of generating images, text, code, video, audio, and even music are rapidly improving and becoming increasingly convincing. Companies across different industries are looking to deploy generative AI features to revamp existing products and services or create new ones. Analysts are predicting the boom will increase global productivity and change the labor force, while experts are debating whether the technology poses an existential threat to humanity.