Sources of investment in AI worldwide 2016

* Estimate of 2016 spend by corporations to develop and deploy AI-based products. Calculated for top 35 high tech and advanced manufacturing companies investing in AI. Estimate is based on the ratio of AI spend to total revenue calculated for a subset of the 35 companies.
** VC value is an estimate of VC investment in companies primarily focused on AI. PE value is an estimate of PE investment in AI-related companies. M&A value is an estimate of AI deals done by corporations. “Other” refers to grants and seed fund investments. Includes only disclosed data available in databases, and assumes that all registered deals were completed within the year of transaction. Compound annual growth rate values rounded.
*** M&A and PE deals expressed by volume; VC deals expressed by value.