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All issuesVolume 298, Issue 2IT NewsAI

The AI Market: An Overview

eWeek, January 9th, 2023

If there's a leading technology of the current era, artificial intelligence (AI) is clearly a top contender. The hype is constant and flows from all quarters.

AI's role in consumer products and enterprises alike is growing, rare for any technology.

AI as a platform spans hardware, software, and on-demand services. All three categories have very different players, although there is some overlap between hardware and software players.

The number of U.S. AI companies has doubled since 2017. According to Tracxn Technologies, which tracks startup businesses, as of the third quarter of 2022, there are 13,398 artificial intelligence startups in the United States.

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