The world has invested nearly $600 bullion on artificial intelligence (AI) since 2010, and the US and China account for nearly two-thirds (65%) of it, according to Cathy Li, Head of AI, Data and Metaverse and Member of the Executive Committee at the World Economic Forum (WEF).
Addressing the scale of the AI build-out ahead of the WEF’s Annual Meeting in Davos, Li said global AI investment growing at an annual rate of around 33%.
The rapid expansion is also expected to have significant implications for energy demand, with global electricity…

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