AI arms race: This world index ranks which nations dominate AI growth
Though the previous few months have seen a surge in AI developments, the world AI arms race has been underway for years. Since 2020, Tortoise Media has produced its annual World AI Index, which ranks the nations competing for AI dominance — and the most recent rankings are in.
Tortoise Media’s fourth version of The World AI Index, launched Wednesday, displays final 12 months’s surge in generative developments spawned by the launch and success of ChatGPT.
To find out how nations rank when it comes to AI growth, the media firm makes use of three pillars of research: funding, innovation, and implementation.
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On the forefront, and main by a major stretch, is america, assigned a rating of 100. The US led in all three pillars, particularly when it comes to funding as a result of excessive scores within the Industrial Funding sub-pillar, which refers back to the stage of startup exercise.
That is becoming as a few of the greatest leaders within the generative AI house proper now are US firms similar to Google, Microsoft, and most significantly, OpenAI.
In second place is China, which scored 62 out of 100. Since 2020, each the US and China have retained their ranks in first and second place 2020. Nevertheless, there was a shift in rating for different international locations.
The UK shifted from third place in 2020 and 2021 to fourth place and was displaced by Singapore, which noticed important development over the previous few years. In 2020, Singapore was ranked in tenth place, moved as much as sixth in 2021, after which in 2023 moved up three extra locations, scoring a 50 out of 100.
The general rankings mirror the international locations’ efficiency on the AI scale, however it is usually price noting international locations which might be main in AI depth. Singapore, Israel, and Switzerland led when it comes to depth that means that these international locations “carry out finest when AI capability relative to their inhabitants and financial system measurement”, based on the examine.
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Because the AI race continues to construct steam and extra international locations ramp assets to compete within the AI race, we will count on a continued shift in nation rankings subsequent 12 months.
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