Private Investment in AI by Geographic Area, 2022 United States 47,36 China 13,41 United Kingdom 4,37 Israel 3,24 India 3,24 South Korea 3,10 Germany 2,35 Canada 1,83 France 1,77 Argentina 1,52 Australia 1,35 Singapore 1,13 Switzerland 1,04 Japan 0,72 Finland 0,61 0 5 10 15 20 25 30 35 40 45 Total Investment (in Billions of US Dolars) Source: NetBase Quid, 2022 ӏ Chart 2023 AI Index Report between the U.S. and the rest of the world. Secondly, the Chinese Academy of Sciences is the Chinese institution with the most AI/ ML patents, falling just shortly behind Microsoft. 3.1 Supply of AI – Biggest players The United States boasts a robust supply of AI talent. Leading academic institutions like Stanford University, MIT,and Carn- egie Mellon University have established dedicated AI research labs and programs. In addition,Open-source frameworks like TensorFlow and PyTorch have also democratized AI,making it accessible to a broader audience. Moreover, several American technological companies are investing significantly in artifi- cial intelligence (AI) and becoming predominant players in the space, such as: 60 SPAIN-US CHAMBER MARKET REPORT