AI Development Accelerates: Market Watch on Emerging AI Innovations
USA News Group Commentary
Issued on behalf of Scope AI Corp.
VANCOUVER, BC, June 13, 2024 /PRNewswire/ — The future of artificial intelligence (AI) is unfolding before our eyes. Actions made today will undoubtedly pave the way for the AI road ahead, with calls for more AI regulation, energy and grid security, and AI employee protections. All the while, investment in AI is surging, with Generative AI Venture Capital Investment on track to reach $12 billion in 2024, according to analysts at EY. Meanwhile McKinsey is predicting that generative AI alone could generate $2.6 trillion to $4.4 trillion in value across industries. This is why the market is keen on monitoring the advancements of AI developers, including Scope AI Corp. (CSE: SCPE) (OTCQB: SCPCF), Meta Platforms, Inc. (NASDAQ: META), Alphabet Inc. (NASDAQ: GOOG, GOOGL), Microsoft Corporation (NASDAQ: MSFT), and Amazon.com, Inc. (NASDAQ: AMZN).