Artificial intelligence is projected to contribute US$22.3 trillion to the global economy by 2030, according to IDC’s latest analysis. The report highlights AI’s growing role across industries, its powerful economic multiplier effect, and global efforts to expand AI infrastructure to drive innovation and regional competitiveness.

In 2025, AI investments soar with Zhipu AI ($137M), Anthropic ($3.5B), and Nvidia’s $39.3B revenue. Yet, a $340B boom sparks debate: will it drive growth or end in a bust?

OpenAI has named Dr. Ronnie Chatterji as its first Chief Economist, tasked with investigating AI’s influence on economic growth and labour markets. Dr. Chatterji’s appointment underscores OpenAI’s commitment to making AI a driving force for innovation and prosperity.