Switzerland to spend $750 billion on artificial intelligence by 2026

Swiss Re Corporate Solutions expects global corporate spending on artificial intelligence technologies to reach $750 billion by 2026, up from approximately $500 billion last year. The expansion of data centers related to AI is increasing risks that require innovative insurance solutions. It is also anticipated that spending on AI infrastructure will reach $1.6 trillion within five years, which will boost the demand for insurance products and intensify inflationary pressures.

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