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Artificial Intelligence/machine learning budget change 2019, by industry

This statistic shows change in artificial intelligence(AI) and machine learning (ML) budgets in 2019 compared to 2018. The survey shows that ML budgets vary across industry and stage of maturity, but on the whole, AI and ML budgets are growing across all industries with almost three quarter of companies increasing their budgets in 2019 compared to 2018.

Change in AI/ML (Artificial Intelligence/Machine Learning) company budgets in 2019 compared to 2018, by industry

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Release date

December 2019



Survey time period

Fall 2019

Number of respondents

303 respondents

Special properties

Business decision makers across all industries from companies using machine learning; Not aware of Algorithmia as the survey author

Method of interview

Online survey

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Statistics on "Artificial intelligence (AI) chips"

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