---
title: "Data Point: More Investment in AI"
id: "49021"
type: "post"
slug: "data-point-more-investment-in-ai"
published_at: "2020-01-12T08:50:28+00:00"
modified_at: "2026-03-17T02:47:01+00:00"
url: "https://associationsnow.com/2020/01/12/data-point-more-investment-in-ai/"
markdown_url: "https://associationsnow.com/2020/01/12/data-point-more-investment-in-ai.md"
excerpt: "Early adopters of artificial intelligence are feeling bullish on the new technology, which is being applied in a wide array of projects from big-data analysis to voice-enabled devices."
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[Home](https://associationsnow.com/)
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 » Data Point: More Investment in AI

In a global survey from Deloitte, 47 percent of firms said they’ve already invested from $500,000 to $5 million in AI, and 51 percent expect to increase their investment by 10 percent or more in the next fiscal year.

### Expected Change in AI Investment in Fiscal Year 2020

**More than 20 percent increase:** 12 percent of firms

**10 percent to 20 percent increase** 39 percent of firms

**1 percent to 9 percent increase** 36 percent of firms

**No change** 11 percent of firms

Source: Deloitte, [State of AI in the Enterprise, 2nd Edition (opens in a new tab)](https://www2.deloitte.com/content/dam/insights/us/articles/4780_State-of-AI-in-the-enterprise/DI_State-of-AI-in-the-enterprise-2nd-ed.pdf)
, October 2018

(Andy/iStock/Getty Images Plus)

[Tim Ebner](https://associationsnow.com/author/tim-ebner/)

Tim Ebner is communications director and press secretary at the American Forest & Paper Association in Washington, DC. He is a member of ASAE’s Communication Professionals Advisory Council and a former Associations Now senior editor.

[More articles by this author](https://associationsnow.com/author/tim-ebner/)

Tags: [#Business](https://associationsnow.com/tag/business/)
 [#investment](https://associationsnow.com/tag/investment/)
 [#Technology](https://associationsnow.com/tag/technology/)

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