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Global Investors Pumped Rp2.8 Quadrillion into AI Development in 2022

Adi Ahdiat 12/05/2023 16:20 WIB

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According to the AI Index 2023 Annual Report, global investment in artificial intelligence (AI) development reached USD 189.59 billion, or approximately Rp 2,843 trillion, throughout 2022.

Global Artificial Intelligence Investment Value (2013-2022)

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Global Artificial Intelligence Investment Value (2013-2022)

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Investors worldwide are aggressively pouring funds into the development of artificial intelligence (AI) technology.

According to the *The AI Index 2023 Annual Report* released by Stanford University, global investment in AI development in 2022 alone reached USD 189.59 billion, or approximately Rp2.843 trillion (assuming an exchange rate of Rp15,000 per USD).

Although lower than in 2021, this investment value is still considered high compared to the previous decade, as shown in the graph.

In 2022, the most significant investments were directed towards AI development in the medical services sector (USD 6.1 billion), data and cloud management (USD 5.9 billion), and financial technology (USD 5.5 billion).

Globally, the largest inflow of AI investment in 2022 went to GAC Aion New Energy Automobile. This Chinese electric vehicle company received USD 2.5 billion in investment.

This was followed by Anduril Industries, a military technology company in the United States (US), which received USD 1.5 billion in investment. Celonis, a business consulting firm in Germany, received USD 1.2 billion.

By country, the largest AI investment in 2022 was in the US, with a total value of USD 47.4 billion. This is approximately three times higher than AI investment in China, which amounted to USD 13.4 billion.

Despite lower investment value, China is recorded as being more active in research than the US. China produced approximately 39% of the total global AI research journal publications in 2021, while the US produced only about 10%.

Throughout 2021, AI research journals also originated more from universities in China than from universities in the US.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Global Investors Pumped Rp2.8 Quadrillion into AI Development in 2022

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