AI Weekly: AI adoption is driving cloud growth

“In a recent survey, 80% of U.S. enterprises said they accelerated their AI adoption over the past two years. A majority consider AI to be important in their digital transformation efforts and intend to set aside between $500,000 to $5 million per year for deployment efforts. Organizations were projected to invest more than $50 billion in AI systems globally in 2020, according to IDC, up from $37.5 billion in 2019. And by 2024, investment is expected to reach $110 billion.”

https://www.google.com/amp/s/venturebeat.com/2021/07/30/ai-weekly-ai-adoption-is-driving-cloud-growth/amp/

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