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The global AI market will grow from $186.4B in 2023 to $1,005.4B in 2031 at a 26.6% CAGR. Generative AI is the fastest segment, projected to reach $442.1B by 2031. Business AI adoption hit 72% in 2024, up from 20% in 2017. Global AI funding reached a record $100.4B in 2024.
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