AI investments soar to US$200 billion

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AI investments soar to US$200 billion
AI investments soar to US$200 billion

Africa-Press – Zimbabwe. Artificial intelligence (AI) investments have surpassed $200 billion, transforming the technological landscape and redefining business models.

Speaking at the ongoing Artificial Intelligence Summit for Africa in Victoria Falls, Dennis Magaya, chairperson of the summit said that AI is not a replacement for human capabilities but rather an amplifier.

“The landscape of AI is changing rapidly, with massive investments being made. Investments surpassed $200 billion in 2024,”Magaya said.

“AI does not evolve against humanity, but in fact amplifies humanity.

“The more machines can do, the more we see what only humans can do.”

He highlighted the rapid evolution of AI, noting its potential to drive innovation and growth.

The African continent has been lagging behind on the adoption and development of AI infrastructure.

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