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Organizations' spending on AI initiatives worldwide 2016-2019

Published by Shanhong Liu, Oct 1, 2020
According to a 2019 global AI survey, most respondents reported spending of less than 50 million U.S. dollars on AI initiatives in the three years prior to 2019 in their companies. Nine percent of respondents reported expenditure of over 500 million on AI initiatives during that time span.

Total expenditure on artificial intelligence (AI) initiatives by global companies from 2016 to 2019

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Release date

November 2019

Region

Worldwide

Survey time period

2019

Number of respondents

1,500 respondents

Special properties

C-suite executives from organizations across 16 industries

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