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Artificial intelligence (AI) is growing fast. Companies are pouring billions into building the infrastructure needed to power countless AI applications that run large language models (LLM), machine learning (ML), generative AI, autonomous systems, and more.
Grand View Research's research indicates that the global AI market size was $279.2 billion last year and will grow to nearly $3.5 trillion by 2033. That’s a staggering compound annual growth rate of 31.5%.