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Artificial Intelligence (AI) is becoming increasingly prevalent in our daily lives, with the pandemic-driven stay-at-home trend making it even more important. The global AI market size was valued at $454.12 billion in 2022 and is expected to reach $2,575.16 billion by 2032, growing at a CAGR of 19%. OpenAI has developed a powerful AI chatbot called ChatGPT and is now working on an even more powerful version called GPT-4. AI has the potential to transform the global economy, with China and North America expected to gain the most from it. Nvidia NVDA is at the forefront of harnessing the potential of the $600 billion AI market.
