According to a survey of artificial intelligence (AI) companies in South Korea carried out in 2023, nearly 66 percent of the data used when developing AI products and services was private data. On the other hand, public data comprised around 34 percent.
Executive Summary: Artificial intelligence (AI) is a transformative technology that holds promise for tremendous societal and economic benefit. AI has the potential to revolutionize how we live, work, learn, discover, and communicate. AI research can further our national priorities, including increased economic prosperity, improved educational opportunities and quality of life, and enhanced national and homeland security. Because of these potential benefits, the U.S. government has invested in AI research for many years. Yet, as with any significant technology in which the Federal government has interest, there are not only tremendous opportunities but also a number of considerations that must be taken into account in guiding the overall direction of Federally-funded R&D in AI. On May 3, 2016,the Administration announced the formation of a new NSTC Subcommittee on Machine Learning and Artificial intelligence, to help coordinate Federal activity in AI.1 This Subcommittee, on June 15, 2016, directed the Subcommittee on Networking and Information Technology Research and Development (NITRD) to create a National Artificial Intelligence Research and Development Strategic Plan. A NITRD Task Force on Artificial Intelligence was then formed to define the Federal strategic priorities for AI R&D, with particular attention on areas that industry is unlikely to address. This National Artificial Intelligence R&D Strategic Plan establishes a set of objectives for Federallyfunded AI research, both research occurring within the government as well as Federally-funded research occurring outside of government, such as in academia. The ultimate goal of this research is to produce new AI knowledge and technologies that provide a range of positive benefits to society, while minimizing the negative impacts. To achieve this goal, this AI R&D Strategic Plan identifies the following priorities for Federally-funded AI research: Strategy 1: Make long-term investments in AI research. Prioritize investments in the next generation of AI that will drive discovery and insight and enable the United States to remain a world leader in AI. Strategy 2: Develop effective methods for human-AI collaboration. Rather than replace humans, most AI systems will collaborate with humans to achieve optimal performance. Research is needed to create effective interactions between humans and AI systems. Strategy 3: Understand and address the ethical, legal, and societal implications of AI. We expect AI technologies to behave according to the formal and informal norms to which we hold our fellow humans. Research is needed to understand the ethical, legal, and social implications of AI, and to develop methods for designing AI systems that align with ethical, legal, and societal goals. Strategy 4: Ensure the safety and security of AI systems. Before AI systems are in widespread use, assurance is needed that the systems will operate safely and securely, in a controlled, well-defined, and well-understood manner. Further progress in research is needed to address this challenge of creating AI systems that are reliable, dependable, and trustworthy. Strategy 5: Develop shared public datasets and environments for AI training and testing. The depth, quality, and accuracy of training datasets and resources significantly affect AI performance. Researchers need to develop high quality datasets and environments and enable responsible access to high-quality datasets as well as to testing and training resources. Strategy 6: Measure and evaluate AI technologies through standards and benchmarks. . Essential to advancements in AI are standards, benchmarks, testbeds, and community engagement that guide and evaluate progress in AI. Additional research is needed to develop a broad spectrum of evaluative techniques. Strategy 7: Better understand the national AI R&D workforce needs. Advances in AI will require a strong community of AI researchers. An improved understanding of current and future R&D workforce demands in AI is needed to help ensure that sufficient AI experts are available to address the strategic R&D areas outlined in this plan. The AI R&D Strategic Plan closes with two recommendations: Recommendation 1: Develop an AI R&D implementation framework to identify S&T opportunities and support effective coordination of AI R&D investments, consistent with Strategies 1-6 of this plan. Recommendation 2: Study the national landscape for creating and sustaining a healthy AI R&D workforce, consistent with Strategy 7 of this plan.
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According to Cognitive Market Research, the global Ai Training Data market size is USD 1865.2 million in 2023 and will expand at a compound annual growth rate (CAGR) of 23.50% from 2023 to 2030.
The demand for Ai Training Data is rising due to the rising demand for labelled data and diversification of AI applications.
Demand for Image/Video remains higher in the Ai Training Data market.
The Healthcare category held the highest Ai Training Data market revenue share in 2023.
North American Ai Training Data will continue to lead, whereas the Asia-Pacific Ai Training Data market will experience the most substantial growth until 2030.
Market Dynamics of AI Training Data Market
Key Drivers of AI Training Data Market
Rising Demand for Industry-Specific Datasets to Provide Viable Market Output
A key driver in the AI Training Data market is the escalating demand for industry-specific datasets. As businesses across sectors increasingly adopt AI applications, the need for highly specialized and domain-specific training data becomes critical. Industries such as healthcare, finance, and automotive require datasets that reflect the nuances and complexities unique to their domains. This demand fuels the growth of providers offering curated datasets tailored to specific industries, ensuring that AI models are trained with relevant and representative data, leading to enhanced performance and accuracy in diverse applications.
In July 2021, Amazon and Hugging Face, a provider of open-source natural language processing (NLP) technologies, have collaborated. The objective of this partnership was to accelerate the deployment of sophisticated NLP capabilities while making it easier for businesses to use cutting-edge machine-learning models. Following this partnership, Hugging Face will suggest Amazon Web Services as a cloud service provider for its clients.
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Advancements in Data Labelling Technologies to Propel Market Growth
The continuous advancements in data labelling technologies serve as another significant driver for the AI Training Data market. Efficient and accurate labelling is essential for training robust AI models. Innovations in automated and semi-automated labelling tools, leveraging techniques like computer vision and natural language processing, streamline the data annotation process. These technologies not only improve the speed and scalability of dataset preparation but also contribute to the overall quality and consistency of labelled data. The adoption of advanced labelling solutions addresses industry challenges related to data annotation, driving the market forward amidst the increasing demand for high-quality training data.
In June 2021, Scale AI and MIT Media Lab, a Massachusetts Institute of Technology research centre, began working together. To help doctors treat patients more effectively, this cooperation attempted to utilize ML in healthcare.
www.ncbi.nlm.nih.gov/pmc/articles/PMC7325854/
Restraint Factors Of AI Training Data Market
Data Privacy and Security Concerns to Restrict Market Growth
A significant restraint in the AI Training Data market is the growing concern over data privacy and security. As the demand for diverse and expansive datasets rises, so does the need for sensitive information. However, the collection and utilization of personal or proprietary data raise ethical and privacy issues. Companies and data providers face challenges in ensuring compliance with regulations and safeguarding against unauthorized access or misuse of sensitive information. Addressing these concerns becomes imperative to gain user trust and navigate the evolving landscape of data protection laws, which, in turn, poses a restraint on the smooth progression of the AI Training Data market.
How did COVID–19 impact the Ai Training Data market?
The COVID-19 pandemic has had a multifaceted impact on the AI Training Data market. While the demand for AI solutions has accelerated across industries, the availability and collection of training data faced challenges. The pandemic disrupted traditional data collection methods, leading to a slowdown in the generation of labeled datasets due to restrictions on physical operations. Simultaneously, the surge in remote work and the increased reliance on AI-driven technologies for various applications fueled the need for diverse and relevant training data. This duali...
Data management represented the largest challenge to AI development in 2023. Companies around the world struggle to manage the considerable amount of data required and generated by AI use. Storage of said data was only a concern for eight percent of respondents, suggesting plenty of storage capacity.
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The AI Data Labeling Market Report is Segmented by Sourcing Type (In-House, and Outsourced), Type (Text, Image, and Audio), Labeling Type (Manual, Automatic, and Semi-Supervised), Enterprise Size (Small & Medium Enterprises (SMEs), Large Enterprises), End-User Industry (Healthcare, Automotive, Industrial, IT, Financial Services, Retail, and Others), and Geography (North America, Europe, Asia Pacific, Middle East and Africa, and Latin America). The Market Sizes and Forecasts Regarding Value (USD) for all the Above Segments are Provided.
Artificial intelligence (AI) holds tremendous promise to benefit nearly all aspects of society, including the economy, healthcare, security, the law, transportation, even technology itself. On February 11, 2019, the President signed Executive Order 13859, Maintaining American Leadership in Artificial Intelligence. This order launched the American AI Initiative, a concerted effort to promote and protect AI technology and innovation in the United States. The Initiative implements a whole-of-government strategy in collaboration and engagement with the private sector, academia, the public, and like-minded international partners. Among other actions, key directives in the Initiative call for Federal agencies to prioritize AI research and development (R&emp;D) investments, enhance access to high-quality cyberinfrastructure and data, ensure that the Nation leads in the development of technical standards for AI, and provide education and training opportunities to prepare the American workforce for the new era of AI. In support of the American AI Initiative, this National AI R&emp;D Strategic Plan: 2019 Update defines the priority areas for Federal investments in AI R&emp;D. This 2019 update builds upon the first National AI R&emp;D Strategic Plan released in 2016, accounting for new research, technical innovations, and other considerations that have emerged over the past three years. This update has been developed by leading AI researchers and research administrators from across the Federal Government, with input from the broader civil society, including from many of America’s leading academic research institutions, nonprofit organizations, and private sector technology companies. Feedback from these key stakeholders affirmed the continued relevance of each part of the 2016 Strategic Plan while also calling for greater attention to making AI trustworthy, to partnering with the private sector, and other imperatives.
The market for artificial intelligence grew beyond 184 billion U.S. dollars in 2024, a considerable jump of nearly 50 billion compared to 2023. This staggering growth is expected to continue with the market racing past 826 billion U.S. dollars in 2030. AI demands data Data management remains the most difficult task of AI-related infrastructure. This challenge takes many forms for AI companies. Some require more specific data, while others have difficulty maintaining and organizing the data their enterprise already possesses. Large international bodies like the EU, the US, and China all have limitations on how much data can be stored outside their borders. Together these bodies pose significant challenges to data-hungry AI companies. AI could boost productivity growth Both in productivity and labor changes, the U.S. is likely to be heavily impacted by the adoption of AI. This impact need not be purely negative. Labor rotation, if handled correctly, can swiftly move workers to more productive and value-added industries rather than simple manual labor ones. In turn, these industry shifts will lead to a more productive economy. Indeed, AI could boost U.S. labor productivity growth over a 10-year period. This, of course, depends on a variety of factors, such as how powerful the next generation of AI is, the difficulty of tasks it will be able to perform, and the number of workers displaced.
Cloud Artificial Intelligence (AI) Market Size 2024-2028
The cloud artificial intelligence (ai) market size is forecast to increase by USD 12.61 billion at a CAGR of 24.1% between 2023 and 2028.
The market is experiencing significant growth, driven by the emergence of technologically advanced devices and the increasing adoption of 5G and mobile penetration. These factors enable the integration of AI technologies into various applications, leading to improved efficiency and productivity. However, the market also faces challenges from open-source platforms, which offer free AI solutions, making it difficult for market players to compete on price. Despite this, the market is expected to continue its growth trajectory, driven by the increasing demand for AI solutions in various industries, including healthcare, finance, and retail. Organizations are leveraging cloud-based AI solutions to gain insights from their data, automate processes, and enhance customer experiences.The market analysis report provides a comprehensive overview of these trends and challenges, offering valuable insights for stakeholders looking to capitalize on the growth opportunities In the cloud AI market.
What will be the Size of the Cloud Artificial Intelligence (AI) Market During the Forecast Period?
Request Free SampleThe market is experiencing robust growth, driven by the increasing adoption of machine learning (ML), deep learning, neural networks, and generative AI technologies. These advanced algorithms are revolutionizing various industries by emulating human intelligence in speech recognition, digital media, diagnostics, cybersecurity, and business decision-making. Hyperscale cloud platforms are becoming the preferred infrastructure for AI applications due to their ability to handle massive data processing requirements. Cloud AI solutions are transforming IT services by automating routine tasks, enhancing data analytics, and improving human capital management. They offer significant cost savings by eliminating the need for expensive hardware and maintenance. Moreover, AI-driven cloud management and data management solutions enable predictive analytics, personalization, productivity, and security enhancements.In addition, AI is playing a pivotal role in threat detection and cybersecurity, ensuring business continuity and data protection. Overall, the cloud AI market is poised for exponential growth, as organizations continue to leverage AI to gain a competitive edge In their respective industries.
How is this Cloud Artificial Intelligence (AI) Industry segmented and which is the largest segment?
The cloud artificial intelligence (ai) industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. ComponentSoftwareServicesGeographyNorth AmericaUSEuropeGermanyUKAPACChinaJapanSouth AmericaMiddle East and Africa
By Component Insights
The software segment is estimated to witness significant growth during the forecast period.
Artificial Intelligence (AI) software replicates human learning and behavior, revolutionizing various business sectors. AI development involves creating new software or enhancing existing solutions to deliver analytics results and trigger actions based on them. Applications of AI include automating business processes, personalizing services, and generating industry-specific insights. The digitization trend has driven industrial transformations, with healthcare being a prime example. According to BDO's Healthcare Digital Transformation Survey, 93% of US healthcare organizations adopted digital transformation strategies in 2021, integrating AI, computing, and enterprise resource planning software. AI functionality encompasses speech recognition, machine learning (ML), deep learning, neural networks, generative AI, automation, decision-making, and more.Hyperscale cloud platforms, IT services, infrastructure, data analytics, human capital management, cost savings, cloud management, data management, predictive analytics, personalization, productivity, security, threat detection, integration, talent gap, and chatbots are significant AI applications. AI tools process data, power business intelligence, and enable lower costs through ML-based models and GPUs. Enterprise datacenters, virtualization, public clouds, private clouds, and hybrid cloud solutions leverage AI for non-repetitive tasks. AI streamlines workloads, automates repetitive tasks, monitors and manages IT infrastructure, and offers dynamic cloud services. AI is transforming industries, from retail inventory management to financial organizations, providing competitive advantages through cost savings and improved decision-making capabilities.
Get a glance at the Cloud Artificial Intelligence (AI) Industry repo
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The Global AI Data Management Market size was valued at around USD 23.8 billion in 2023 & is estimated to grow at a CAGR of around 24% during the forecast period 2024-30.
The China AI Exports Database (CAIED) tracks Chinese government-supported development finance projects that utilized or enabled Artificial Intelligence (AI) technology in the Global South between 2000 and 2017. The dataset captures 155 projects for AI applications or infrastructure across 65 low- and middle-income countries funded by Chinese official sector institutions and the military worth $4.5 billion.
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Global AI Data Management Market size will exceed a valuation of USD 185.35 billion by 2032, to grow at a CAGR of 24.2% during the forecast period.
Around 80 percent of respondents invested in experimenting with AI, with 71.43 percent prioritizing AI development. In contrast, only 57.1 percent focused on Data Collection initiatives financially in the next 12 months
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Market Analysis: AI Data Management PlatformThe global AI Data Management Platform (DMP) market is projected to reach USD 89,590 million by 2033, exhibiting a CAGR of XX% during the forecast period. The rise of Big Data, cloud computing advancements, and the growing adoption of AI have driven the market expansion. AI DMPs provide organizations with centralized platforms to manage, analyze, and extract insights from vast amounts of data.Market Dynamics and TrendsMajor market drivers include the increasing need for efficient data management, the integration of AI technologies, and the growing adoption of cloud-based solutions. Healthcare & Life Sciences and BFSI sectors are expected to witness significant growth, fueled by the need for secure and efficient data management in these industries. The shift towards hybrid and multi-cloud deployments is also expected to drive market growth. However, data security and privacy concerns and the high costs of implementation pose challenges for market growth. Key market players include AWS, Microsoft, IBM, and Salesforce, who offer comprehensive AI DMP solutions.
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The global AI Data Analysis Tool market is estimated to be valued at USD XXX million in 2025 and is projected to reach USD XXX million by 2033, exhibiting a CAGR of XX% during the forecast period. The growing demand for data analysis to improve business decision-making, the rise of big data, and the increasing adoption of cloud-based solutions are some of the key factors driving the market's growth. Key market trends include the rising adoption of AI and machine learning technologies in data analysis, the increasing demand for real-time data analysis, and the growing popularity of self-service data analysis tools. North America and Europe are expected to remain the dominant geographic regions in terms of market share, while Asia-Pacific is projected to experience the highest growth rate during the forecast period. Major players in the market include Tomat.ai, Coginiti AI, Pandachat AI, Puddl, AI Assist, data.ai, Outset.ai, Deepsheet, Chat2CSV, owlbot, Abacus.ai, MonkeyLearn, AnswerRocket, Qlik Sense, IBM Cognos Analytics, Coefficient, Tableau, Polymer, Sisense, Akkio, Looker, Splunk, RapidMiner, SAP BusinessObjects, KNIME, Talend, Apache Spark, RATH, Pandachat AI, and others.
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The U.S. AI Training Dataset Market size was valued at USD 590.4 million in 2023 and is projected to reach USD 1880.70 million by 2032, exhibiting a CAGR of 18.0 % during the forecasts period. The U. S. AI training dataset market deals with the generation, selection, and organization of datasets used in training artificial intelligence. These datasets contain the requisite information that the machine learning algorithms need to infer and learn from. Conducts include the advancement and improvement of AI solutions in different fields of business like transport, medical analysis, computing language, and money related measurements. The applications include training the models for activities such as image classification, predictive modeling, and natural language interface. Other emerging trends are the change in direction of more and better-quality, various and annotated data for the improvement of model efficiency, synthetic data generation for data shortage, and data confidentiality and ethical issues in dataset management. Furthermore, due to arising technologies in artificial intelligence and machine learning, there is a noticeable development in building and using the datasets. Recent developments include: In February 2024, Google struck a deal worth USD 60 million per year with Reddit that will give the former real-time access to the latter’s data and use Google AI to enhance Reddit’s search capabilities. , In February 2024, Microsoft announced around USD 2.1 billion investment in Mistral AI to expedite the growth and deployment of large language models. The U.S. giant is expected to underpin Mistral AI with Azure AI supercomputing infrastructure to provide top-notch scale and performance for AI training and inference workloads. .
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The Embedded AI Market Report is Segmented by Offering (Hardware and Software & Services), by Data Type (Sensor Data, Image, and Video Data, Numeric Data, Categorial Data, and Others), by End-User Vertical (BFSI, IT & Telecommunication, Retail & Ecommerce, Manufacturing, Energy & Utilities, Transportation & Logistics, Healthcare & Life Sciences, and Other End-User Verticals), and by Geography (North America, Europe, Asia, Australia and New Zealand, Latin America, and Middle East & Africa). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.
This data asset contains an inventory of USAID AI use cases.
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According to Cognitive Market Research, the global geospatial analytics artificial intelligence market size is USD 100.5 million in 2024 and will expand at a compound annual growth rate (CAGR) of 28.60% from 2024 to 2031.
North America held the major market of more than 40% of the global revenue with a market size of USD 40.20 million in 2024 and will grow at a compound annual growth rate (CAGR) of 26.8% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 30.15 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 23.12 million in 2024 and will grow at a compound annual growth rate (CAGR) of 30.6% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 5.03 million in 2024 and will grow at a compound annual growth rate (CAGR) of 28.0% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 2.01 million in 2024 and will grow at a compound annual growth rate (CAGR) of 28.3% from 2024 to 2031.
The remote sensing held the highest geospatial analytics artificial intelligence market revenue share in 2024.
Market Dynamics of Geospatial analytics artificial intelligence Market
Key Drivers for Geospatial analytics artificial intelligence Market
Advancements in AI and Machine Learning to Increase the Demand Globally
The global demand for geospatial analytics is significantly driven by advancements in AI and machine learning, technologies that are revolutionizing how spatial data is analyzed and interpreted. As AI models become more sophisticated, they enhance the capability to automate complex geospatial data processing tasks, leading to more accurate and insightful analyses. Machine learning, particularly, enables systems to improve their accuracy over time by learning from vast datasets of geospatial information, including satellite imagery and sensor data. This leads to more precise predictions and better decision-making across multiple sectors such as environmental management, urban planning, and disaster response. The integration of AI with geospatial technologies not only improves efficiency but also opens up new possibilities for innovation, making it a critical driver for increased global demand in the geospatial analytics market.
Government Initiatives and Support for Smart Cities to Propel Market Growth
Government initiatives supporting the development of smart cities are propelling the growth of the geospatial analytics market. As urban areas around the world transform into smart cities, there is a significant increase in demand for advanced technologies that can analyze and interpret geospatial data to enhance urban planning, infrastructure management, and public safety. Geospatial analytics, powered by AI, plays a crucial role in these projects by enabling real-time data processing and insights for traffic control, utility management, and emergency services coordination. These technologies ensure more efficient resource allocation and improved quality of urban life. Government funding and policy support not only validate the importance of geospatial analytics but also stimulate innovation, attract investments, and foster public-private partnerships, thus driving the market forward and enhancing the capabilities of smart city initiatives globally.
Restraint Factor for the Geospatial analytics artificial intelligence Market
Complexity of Data Integration to Limit the Sales
The complexity of data integration poses a significant barrier to the adoption and effectiveness of geospatial analytics AI systems, potentially limiting sales in this market. Geospatial data, inherently diverse and sourced from various collection methods like satellites, UAVs, and ground sensors, comes in multiple formats and resolutions. Integrating such disparate data into a cohesive, usable format for AI analysis is a challenging process that requires advanced data processing tools and expertise. This complexity not only increases the time and costs associated with project implementation but also raises the risk of errors and inefficiencies in data analysis. Furthermore, the difficulty in achieving seamless integration can deter organizations, particularly those with limited IT capabilities, from investing in geospatial analytics solutions. Overcoming these integration challenges is crucial for enabl...
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According to Cognitive Market Research, the global Cloud Aimarket size is USD 55921.2 million in 2023 and will expand at a compound annual growth rate (CAGR) of 33.50% from 2023 to 2030.
North America held the major market of more than 40% of the global revenue with a market size of USD 22368.48 million in 2023 and will grow at a compound annual growth rate (CAGR) of 31.7% from 2023 to 2030
European market of more than 30% of the global revenue with a market size of USD 16776.36 million in 2023 and will grow at a compound annual growth rate (CAGR) of 32.0% from 2023 to 2030
Asia-Pacific held the fastest market of more than 23% of the global revenue with a market size of USD 12861.88 million in 2023 and will grow at a compound annual growth rate (CAGR) of 35.5% from 2023 to 2030.
Latin America market than 5% of the global revenue with a market size of USD 2796.06 million in 2023 and will grow at a compound annual growth rate (CAGR) of 32.9% from 2023 to 2030.
The Middle East and Africa market of more than 2.00% of the global revenue with a market size of USD 1118.42 million in 2023 and will grow at a compound annual growth rate (CAGR) of 33.2% from 2023 to 2030
The demand for Cloud AI is rising due to its scalability flexibility cost-efficiency, and accessibility.
Demand for Solution remains higher in the Cloud Aimarket.
The Healthcare & Life Sciences category held the highest Cloud AI market revenue share in 2023.
Digital Transformation Imperative to Provide Viable Market Output
The primary driver propelling the Cloud AI market is the imperative for digital transformation across industries. Organizations are increasingly leveraging cloud-based AI solutions to streamline operations, enhance customer experiences, and gain actionable insights from vast datasets. The scalability and flexibility offered by cloud platforms empower businesses to deploy and manage AI applications seamlessly, fostering innovation and efficiency. As companies prioritize modernization to stay competitive, the integration of AI on cloud infrastructure becomes instrumental in achieving strategic objectives, driving the growth of the Cloud AI market.
Apr-2023: Microsoft partnered with Siemens Digital Industries Software for advanced generative artificial intelligence to enable industrial companies in driving efficiency and innovation throughout the engineering, designing, manufacturing, and operational lifecycle of products.
Proliferation of Big Data to Propel Market Growth
The proliferation of big data serves as another key driver for the Cloud AI market. As businesses accumulate unprecedented volumes of data, cloud-based AI solutions emerge as indispensable tools for extracting meaningful insights and patterns. The scalability of cloud platforms allows organizations to process and analyze massive datasets efficiently. Cloud AI applications, such as machine learning and data analytics, enable businesses to derive actionable intelligence from this wealth of information. With the increasing recognition of data as a strategic asset, the demand for cloud-based AI solutions to harness and derive value from big data continues to fuel the expansion of the Cloud AI market.
Apr-2023: Microsoft came into collaboration with Epic, to utilize the power of generative artificial intelligence to enhance the efficiency and accuracy of EHRs. The collaboration enabled the deployment of Epic systems on the Azure cloud infrastructure.
(Source:blogs.microsoft.com/blog/2023/08/22/microsoft-and-epic-expand-ai-collaboration-to-accelerate-generative-ais-impact-in-healthcare-addressing-the-industrys-most-pressing-needs/#:~:text=Epic%20and%20Microsoft's%20expanded%20collaboration,to%20SlicerDi)
Market Restraints of the Cloud AI
Data Security Concerns to Restrict Market Growth
One significant restraint in the Cloud AI market revolves around data security concerns. As organizations migrate sensitive data to cloud environments for AI processing, there is a heightened awareness and apprehension regarding the protection of this valuable information. Potential vulnerabilities, data breaches, and the risk of unauthorized access pose challenges, especially in industries with stringent privacy regulations. Add...
This document includes relevant text from the 2016 and 2019 national AI R&D strategic plans, along with updates prepared in 2023 based on Administration and interagency evaluation of the National AI R&D Strategic Plan: 2019 Update as well as community responses to a Request for Information on updating the Plan. The 2019 strategies were broadly determined to be valid going forward. The 2023 update adds a new Strategy 9, which establishes a principled and coordinated approach to international collaboration in AI research.
According to a survey of artificial intelligence (AI) companies in South Korea carried out in 2023, nearly 66 percent of the data used when developing AI products and services was private data. On the other hand, public data comprised around 34 percent.