Annual AI Spending in the US Projected to Reach up to US$1.4T by 2030

Artificial intelligence (AI) is developing on a massive scale and at an accelerated pace. By the end of the decade, annual AI capital expenditure (capex) in the US is expected to near US$1.2 trillion under a baseline scenario, according to a new report by JP Morgan Asset Management. This level of structural investment would support [...] The post Annual AI Spending in the US Projected to Reach up to US$1.4T by 2030 appeared first on Fintech Schweiz Digital Finance News - FintechNewsCH.