In the book titled The age of AI and our human future by Henry Kissinger, Eric Schmidt, Daniel Huttenlocher, they defined AI as machines that can perform tasks that require human-level intelligence. AI, powered by new algorithms and increasingly plentiful and inexpensive computing power, is becoming ubiquitous.
According to Statista, the amount of money invested annually into start-up companies working in the AI market worldwide has continuously increased from 2014 to 2021. In 2020, AI start-ups attracted around 36 billion U.S. dollars in investment. Just in the first six months of 2021, this figure surpassed and reached 38 billion U.S. dollars.
Source: Statista, March 17, 2022. Funding of AI start-up companies ...
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