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Chart for article 'Mc Kinsey's State Of Machine Learning And Ai, 2017'
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Mc Kinsey's State Of Machine Learning And Ai, 2017

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Mc Kinsey's State Of Machine Learning And Ai, 2017

Tech giants including Baidu and Google spent between $20B to $30B on AI in 2016, with 90% of this spent on R&D and deployment, and 10% on AI acquisitions. AI investment has turned into a race for patents and intellectual property (IP) among the world’s leading tech companies.

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