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The AI Power Play: Unveiling the Global Index that Reveals the Nations Dominating AI Development


Tortoise Media has released its fourth edition of The Global AI Index, which ranks nations in terms of AI development. The latest rankings reflect the surge in generative AI developments over the past year, largely driven by the success of ChatGPT. The index evaluates countries based on three pillars: investment, innovation, and implementation.

Leading the pack by a significant margin is the United States, with a score of 100. The US excelled in all three pillars, particularly in investment, thanks to the high level of startup activity in the country. It comes as no surprise that major players in the generative AI space, such as Google, Microsoft, and OpenAI, are US companies.

China secured the second spot with a score of 62 out of 100. Both the US and China have maintained their positions at the top since 2020. However, there have been changes in rankings for other countries. The UK, previously in third place, slipped to fourth place this year, making way for Singapore, which has experienced significant growth in recent years. Singapore climbed from tenth place in 2020 to sixth place in 2021, and then jumped three more spots to secure a score of 50 out of 100 in 2023.

The rankings not only reflect overall AI performance but also highlight countries that lead in AI intensity. Singapore, Israel, and Switzerland emerged as leaders in terms of intensity, indicating that these countries perform exceptionally well in AI relative to their population and economy size.

With the AI race gaining momentum and more countries allocating resources to compete, we can expect further shifts in country rankings in the coming years.

Barry Caldwell
Barry Caldwellhttps://myvatcalculator.eu
Hello, I'm Barry, a proud holder of a Master's degree in Commerce. I specialise in assisting SMEs with their accounting and finance management. When I'm not immersed in balance sheets, I enjoy crafting insightful technology guides. Feel free to explore my bespoke bookkeeping tool and informative blog, designed to simplify the complexities of Value Added Tax (VAT) in Ireland & UK.


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