Market Overview
Last updated
Last updated
The global AI market is expected to reach $407 billion by 2027, growing at a compound annual growth rate (CAGR) of 36.2%. The AI software market is also projected to expand rapidly, driven by advancements in machine learning, deep learning, and AI-based applications across various sectors. The increasing adoption of AI technologies across industries highlights the urgent need for a robust infrastructure to support this exponential growth (, ).
OpenAI has projected that Artificial General Intelligence (AGI) could potentially be achieved as early as 2030, with significant milestones expected by 2027. As AGI represents a major leap beyond current AI capabilities, the computational demands to reach this level are expected to be unprecedented ().
