27 Sep McKinsey’s State Of Machine Learning And AI in 2017
Tech giants including Baidu and Google spent between $20B to $30B on AI in 2016, with 90% of this spent on R&D and deployment, and 10% on AI acquisitions. AI investment has turned into a race for patents and intellectual property (IP) among the world’s leading tech companies.
Sourced through Scoop.it from: www.forbes.com
WHY IT MATTERS
This article from McKinsey provides an overview of the investments, improvements and priorities in AI and machine learning as of mid 2017.