The market for artificial intelligence, presently valued at $327.4 billion, continues to expand due to the influx of investments in this sector of the technology industry.
This is largely attributable to the rising potential implementation of AI technology, ranging from content production to autonomous vehicles.
As artificial intelligence technology advances and becomes more broadly available, AI expenditures are growing in a variety of sectors.
From 2015 to 2020, the annual global corporate investment in AI climbed by $55 billion, with the majority of this surge coming from private U.S. company operations.
As popular platforms like SingularityNET and ChatGPT become mainstream, the widespread usage of artificial intelligence applications has increased.
AGIX, the native token of SingularityNET, is banking on this trend as it registered solid gains since the start of 2023.
Image: Altcoin Buzz
