AI Funding Reaches Record Year in 2018
With 2018 now behind us, let’s examine how artificial intelligence (AI) funding compares to previous years. The graphic below shows the total annual AI funding amounts over time.
AI Annual Funding Over Time
As the graphic demonstrates, 2018 experienced the highest AI funding on record at $18B. It represents a 24% increase from the previous year’s funding. In addition, AI funding grew at a CAGR of 62% from 2013 to 2018. It’ll be interesting to observe if the funding growth will remain strong in the new year.
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