Despite its inferior population to larger countries, Israel has been ranked third in a new global AI report. Daniel Singer) The country ranks first in R&D expenditure as percentage of GDP and is home to 430 AI start-ups with a collective worth of $3.5bn. The US leads the way with 40% of all AI companies being based there, with China coming in second place, at 11% of the share. In terms of total number of companies, Israel was fourth behind China, India and South Korea, while Japan came fifth on the list for the largest number of companies.
Despite its inferior population to larger countries, Israel has been ranked third in a new global AI report. The country ranks first in R&D expenditure as percentage of GDP and is home to 430 AI start-ups with a collective worth of $3.5bn. The US leads the way with 40% of all AI companies being based there, with China coming in second place, at 11% of the share. In terms of total number of companies, Israel was fourth behind China, India and South Korea, while Japan came fifth on the list for the largest number of companies.