Lego toys are a better investment than stocks, bonds, or gold.
100 Mind-Blowing Investment Facts
Acquisition of Red Hat: In July 2019, IBM finalized its acquisition of Red Hat, marking a significant milestone with a hefty investment of nearly $34 billion. Red Hat holds a prominent position as the leading Enterprise Linux distributor in the server market. This strategic move solidified IBM’s commitment to expanding its presence in the open-source software arena and harnessing Red Hat’s expertise to enhance its capabilities in providing enterprise solutions and cloud services.
Microsoft expanded its investment in OpenAI with $13 more billion in 2023. It represents the third investment that the company founded by Bill Gates made. It plowed $1 billion into OpenAI in 2019 and reinvested in 2021.
Global corporate investment in AI rose from 67.85 billion in 2020 to 93.5 billion in 2021.
Although private investment in 2022 is set to exceed $135 billion, overall investment in AI research and applications is set to reach $500 billion by 2024.
According to the AI Index, since 2000, the annual investment from venture capital firms into US startups utilising AI systems has increased as much as six times!
Between 2010 and the first quarter of 2020, venture funding in AI hit a mind-blowing $61 billion. Most of this investment went to companies in the USA and China.