What it is about
The United States leads a new study as the top country for rapidly developing artificial intelligence (AI) industries, highlighted by massive investments and job growth. At the same time, Israel continues to focus intensely on AI advancement to secure its leadership position in regional capabilities, particularly in defense.
Why it matters
AI technology is making significant strides globally, and robust investments from countries like the US and Israel signal their commitment to staying at the forefront of technological innovation. These advancements shape industries and public services, affecting everything from local economies to national security.
Driving the news
The report by ZeroBounce ranks ten countries renowned for AI development: the United States, China, the United Kingdom, Singapore, Canada, South Korea, Israel, Germany, Japan, and Australia. With $335 billion invested over the past decade, the US boasts around 5,500 AI start-ups and significant job opportunities, thereby wielding considerable influence in this critical field.
Behind the numbers
Over the last year, US private investment in AI reached $67.22 billion, contributing to more than 71,000 job openings in 2024 alone. In comparison, China has invested about a third as much during the same period while lacking a comparable number of start-ups and job postings. However, China’s strength lies in the specialization of its workforce.
Israel’s strategic AI investment
Israel is noted for its concentrated effort to harness AI for national defense and security. Israel’s Defense Forces have highlighted the using AI in military technology, such as the Barak tank, which utilizes advanced helmets to filter battlefield data and improve communication between units. Such advancements underscore Israel’s commitment to maintaining a competitive edge in defense technologies.
What they’re saying
“AI technology is advancing rapidly worldwide,” said Liviu Tanase, ZeroBounce’s founder and CEO. This growth is driven by substantial private investments and the development of skilled AI workforces aimed at staying competitive across industries.
Zoom out
As global investments in AI technologies grow, countries like the US and Israel are leveraging this innovation to strengthen economic and defense capabilities, shaping the future landscape of global technology and security.
This story was first published on foxnews.com.