AI Spending in US to Match Food Industry by 2032 with $3.5 Trillion Revenue
AI spending in the United States is projected to reach $3.5 trillion annually by 2032, equaling the expenditure on food and beverages. Companies are ready to spend over one-fifth of their revenue on AI. Asian firms have raised record funding over six years, and the AI market is seeing renewed competition post-listing. Experts warn of a potential AI bubble.
Navbharat Times·


