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BABA-W CEO Predicts Global AI Investment to Top USD4T in Total Over Next 5 Yrs
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BABA-W (09988.HK) CEO and Director Eddie Wu said in a speech at an event that AI's industry penetration rate will surpass all technologies in history. Currently, the consumption of tokens doubles every 2-3 months. Given the total global AI investment of more than USD400 billion over the past year, Wu estimated that the cumulative global AI investment over the next five years would exceed USD4 trillion, marking the largest investment in computing power and R&D in human history. AAStocks Financial News |
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