Artificial intelligence has taken the business world by storm, with cost-saving mechanisms, automation, and inspiration for fresh ideas. The Qualtrics team presented 25 statistics emphasizing the speed and power with which AI has spread across the business world. There are 70,000 AI companies worldwide, with the most successful earning, on average, $3.48 billion. The U.S. is the home of AI. It hosts the largest number of companies, and they’ve invested the most in the industry. American private investment in AI has reached $109.1 billion. Private companies develop 90% of AI models. Nvidia is the biggest player in the AI industry, the first to exceed $5 trillion in market value. Small businesses in the U.S. have also started using AI. 89% use them in their daily operations, whether it’s for financial management or customer service. Data reveals that AI is entrenched in everyday business practice.
infographic by: www.qualtrics.com
