Bain & Co. says most of the revenue needed to justify the current build-out of artificial-intelligence infrastructure is still unaccounted for. The consulting firm estimates the AI market would need to reach $6 trillion to justify the capital already committed, even as annual AI infrastructure spending could climb toward $1.5 trillion by 2031.
Two-thirds of the revenue needed to justify the AI buildout is still unaccounted for, Bain & Co. said in a report released Tuesday. The consulting giant estimates the AI market would need to reach $6 trillion to justify the capital investment made so far.
A team at the Boston-headquartered firm, led by David Crawford, head of Bain's global technology practice, estimates that annual spending on AI infrastructure could rise to $1.5 trillion by 2031.
Source: MarketWatch (snippet-based)
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