AI Industry Needs $6 Trillion Annual Revenue By 2031 To Justify Data Centre Boom: Bain Report
The global artificial intelligence industry will need to create nearly $6 trillion in annual revenue by 2031 to justify the scale of investment currently flowing into AI infrastructure, according to a report by Bain & Co cited by Bloomberg. The consulting firm estimates that existing consumer and enterprise AI services could generate up to $1.8 trillion of this revenue. The remaining $4.2…
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