2019 AI Index Report: R&D in AI Continues to Increase - EnterpriseTalk

The US is a leader in investing capital into private AI with nearly US$12 billion. China, which came second with US$6.8 billion investment, also files more AI patents than any other country across the globe and three times more than Japan. The majority of AI patents filed between 2014-2018 were filed in the U.S. and Canada, and 94% of patents are filed in wealthy nations. Mergers and acquisitions worth $37 billion were spurred thanks to AI. At the same time, IPOs worth $34 billion were also associated with AI. Investment in AI startups recorded a rapid increase in the last ten years from a total of $1.3 billion raised in 2010 to over $40.4 billion.