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Global spending on artificial intelligence is rising and shows no sign of slowing down. Organizations are expected to invest $35.8 billion in AI systems this year, up 44% over last year, according to International Data Corp. And AI spending is projected to more than double to $79.2 billion by 2022.
Today, about half of all companies have at least one AI system installed and an additional 30% have pilot projects in place, according to a survey by the business and economics research arm of McKinsey & Co.
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