US Dominates Global AI Race with $335.2B in Investments; China and UK Follow

August 19, 2024
US Dominates Global AI Race with $335.2B in Investments; China and UK Follow
  • The United States leads the global rankings in artificial intelligence (AI) advancements, boasting $335.2 billion in private investments over the last decade and 5,500 AI start-ups.

  • China follows in second place with $103.5 billion in investments, although it has fewer start-ups than the U.S., it employs a higher percentage of AI specialists at 0.64% of its workforce.

  • The United Kingdom ranks third, having invested $22.2 billion and established 727 AI start-ups, with $3.78 billion allocated in 2023 alone.

  • Israel is positioned fourth with approximately $12.83 billion in AI investments and 442 start-ups, showcasing the highest concentration of AI talent at 1.13% of its workforce.

  • Canada rounds out the top five countries with $10.35 billion in investments and a significant number of job postings in the AI sector, accounting for 1.05% of all vacancies.

  • India holds the seventh position, having invested $9.85 billion and hosting 338 AI-related start-ups, surpassing Canada in AI job availability.

  • France ranks eighth with $8.31 billion in investments and a higher number of AI start-ups than India, while also employing 1.07% of its workforce in AI roles.

  • South Korea is ninth, with $7.25 billion in investments, but has the least number of AI job vacancies among the top ten countries.

  • Singapore rounds out the top ten with $6.25 billion in investments, 1.07% of its workforce as AI specialists, and only 193 start-ups.

  • This ranking by ZeroBounce is based on private investments, the number of AI-related start-ups, and workforce data over the last decade.

  • Liviu Tanase, CEO of ZeroBounce, emphasized the rapid global advancement of AI technology, fueled by substantial investments and increasing job opportunities.

Summary based on 2 sources


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Sources


Israel is among the 4 countries with the greatest developments in Artificial Intelligence

Aurora Israel: Últimas noticias Israel, Vida judía, Innovación Tecnológica Israelí y Avances Médicos israelis. • Aug 16, 2024

Israel is among the 4 countries with the greatest developments in Artificial Intelligence

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