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AI Infrastructure Anticipated to Hit $420 Billion By 2033

ODSC - Open Data Science

Another report by Precedence Research says that the global AI infrastructure market size, valued at USD 37B in 2023, is anticipated to reach around USD 421B by 2033, growing at a CAGR of 27.53% from 2024 to 2033. C3 AI, Snowflake , NVIDIA , and Marvell Technology, Inc.

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NVIDIA Expands Robotics Platform to Meet the Rise of Generative AI

NVIDIA

Those AI models are more flexible in detecting, segmenting, tracking, searching and even reprogramming — and help outperform traditional convolutional neural network -based models. Generative AI is expected to add $10.5 billion in revenue for manufacturing operations worldwide by 2033, according to ABI Research.

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