Market Overview

The global AI market is expected to reach $407 billion by 2027, growing at a compound annual growth rate (CAGR) of 36.2%. The AI software market is also projected to expand rapidly, driven by advancements in machine learning, deep learning, and AI-based applications across various sectors. The increasing adoption of AI technologies across industries highlights the urgent need for a robust infrastructure to support this exponential growth​ (GlobeNewswire,Grand View Research).

OpenAI has projected that Artificial General Intelligence (AGI) could potentially be achieved as early as 2030, with significant milestones expected by 2027. As AGI represents a major leap beyond current AI capabilities, the computational demands to reach this level are expected to be unprecedented​ (MarketsandMarkets).