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A separate study looking at the world's fastest-growing artificial intelligence (AI) industry has put the United States at the top, according to a new report.
“AI technology is advancing rapidly around the world,” Liviu Tanase, founder and CEO of ZeroBounce, said of the report. “This is driven by significant private investment and a growing number of AI startups.”
“Billions of dollars have been invested over the past decade, resulting in a significant increase in AI-related job opportunities and innovation,” Tanase said in a statement. “Companies are building skilled AI talent to stay competitive.”
“As industries continue to adopt AI, these investments and developments will play a pivotal role in shaping the future of technology around the world,” he added.
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According to the Jerusalem Post, the ZeroBounce report looked at 10 countries that demonstrated strong AI development and capabilities: the United States, China, the United Kingdom, Singapore, Canada, South Korea, Israel, Germany, Japan and Australia.
The company said it relies heavily on data from websites such as Statista and GlobalData, as well as a general AI index calculated by Tortoise Media, a British news website founded in 2018 by former BBC news director and New York Times editor-in-chief James Harding.
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Audiences view a six-axis intelligent drone that can be equipped with a miniature synthetic aperture radar at the World Congress on Artificial Intelligence in Hangzhou, China, October 16, 2020. (Costfoto/Future Publishing via Getty Images)
In terms of overall score and global index rating, the UK ranks lower than other countries due to fewer AI jobs and talent, but it has invested the third most in AI over the past decade and in the past year alone.
The study focused on private investments made over the past decade, the number of AI startups, and the number of AI-related jobs on the market.
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A robot appears on stage during Nvidia CEO Jensen Huang's keynote address during the Nvidia GTC Artificial Intelligence conference at the SAP Center in San Jose, California on March 18, 2024. (Justin Sullivan/Getty Images)
The U.S. has pumped $335 billion in private investment into AI technology over the past decade, with $67.22 billion invested in nearly 5,500 startups last year alone. Additionally, according to Enterprise Times, there are 71,000 AI-related job openings in the U.S. by 2024 alone, accounting for 1.62% of job advertisements.
Those figures surpass China, which has invested about a third as much over the same period and has far fewer startups and job openings, but what China lacks in those areas it makes up for with more experts.
Israel ranked highly, with many reports detailing the aggressive AI investment and development the country has been pushing to stay ahead of its regional allies. Prior to October 7, Israel detailed its incredible capabilities and potential, especially in terms of law enforcement and military power.
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In a video featuring animated segments showcasing the Barak tank's potential, an IDF operator was able to identify targets both in front of and behind the tank, thanks to a specially designed helmet that helped filter data from the battlefield. The tank also seamlessly transmitted the information to a nearby tank, which instantly responded to the data and identified targets on its behalf.
