Artificial Intelligence

Coin

<ul class="news-points"> 
 <li>Data from Statista shows that the AI market will reach $241.80 billion in 2023.</li> 
 <li>Improvements in data personalization models have helped address privacy challenges.</li> 
 <li>Gartner Research reports that generative AI-driven customer service is yielding impressive results.</li> 
</ul> 
Data from <a href="https://www.statista.com/outlook/tmo/artificial-intelligence/worldwide#market-size" target="_blank" rel="noreferrer noopener nofollow">Statista</a>, the online platform specializing in data gathering and visualization, shows that the market size in the artificial intelligence market will reach $241.80 billion in 2023. The platform showed that AI investments would be in five distinctive sectors – AI robotics, autonomous and sensor technology, computer vision, machine learning, and natural language processing. 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/F00ct1tMKPYCTVyPXu4uLnvrJwmjBOPhbb21wUqn1f6yvX2xpJ5GuvkceQg3HRHKOntMl8vBHnteOlFBQhmxZuUppsG4Nht7aag_Ki0DOIvwZdq7hJDn9ziEs2ISISauNir1fg-7yKvrpmLW" alt="">
 <figcaption class="wp-element-caption">
 Source: Statista.com
 </figcaption>
</figure> 
Statista’s projection aligns with the numerous improvements the AI industry is undergoing. Improvements in data personalization models have reportedly helped address the challenges posed by data privacy regulations and <a href="https://coinedition.com/meta-unveils-new-suite-of-artificial-intelligence-powered-products/" target="_blank" rel="noreferrer noopener">large technology companies</a>. 
Notably, issues surrounding data privacy and how technology companies use the data of individuals to make money have been the concern of many technology users. However, the evolution of mobile personalization, especially the emergence of generative AI,…
The post <a href="https://coinedition.com/artificial-intelligence-ai-market-to-reach-over-241b-in-2023-statista/">Artificial Intelligence (AI) Market To Reach Over $241B in 2023: Statista</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Artificial Intelligence (AI) Market To Reach Over $241B in 2023: Statista

Coin Edition

Other articles published on Dec 6, 2023

Hong Kong’s SFC issues fraud warning against two crypto entities

Netflix to Release Crypto Movie: Bitconned

Bitcoin (BTC) Gets New Core Release: Details

Ethereum Price at 18 Months High; Will ETH Price Fly to $2400?

On-Chain Resume: The Key To Hassle-Free Job Applications?

Coinbase Simplifies Crypto Transfers with Shareable Links

Join our free newsletter for daily crypto updates!