In a bid to boost its capacity in artificial intelligence (AI), the Middle East and Africa (MEA) region is projected to spend $3 billion in 2023, according to the latest Worldwide Artificial Intelligence Spending Guide from International Data Corporation (IDC).
The projected figure will account for two percent of the global spending of $151.4 billion on AI for 2023.
Industry analysts noted that, though, only a fragment of the larger spending for the year, the MEA region is expected to record the fastest growth rate in the coming years.
