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Predicting the Future of AI Investment in 2024 and Beyond

ODSC - Open Data Science

Because of this, the expected CAGR of both computer chips and AI-powered software is predicted to see a massive jump in growth above thirty percent through 2031. Worldwide, these entities are recognizing AI’s strategic importance, launching national AI strategies, and funding research. through 2028.

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Treasury Department Leverages AI to Save Billions in Taxpayer Money

ODSC - Open Data Science

Expanding AI’s Reach While the Treasury Department is keeping the specific details of its AI strategies confidential, officials said the department intends to share resources and insights with other federal agencies to expand the use of AI in fraud detection. The need for AI-driven fraud prevention is urgent.