Investors Share Predictions for Artificial Intelligence in 2024 and Beyond

Each year, the TIME100 Most Influential Companies list recognizes businesses making extraordinary impact around the world. Enter your company here today. As investors were wowed by ChatGPT and the rapid progress made by artificial intelligence in recent years, money poured into the industry. Generative AI and AI-related startups raised nearly 50 billion in 2023, according to Crunchbase, a business data provider. Already in 2024, share prices for firms that play a role in manufacturing the advanced chips required for the most powerful AI models have skyrocketed, with Nvidia, AMD, and Arm share prices up 27%, 51%, and 82% respectively.