8.3.3 AI opportunity

The development of AI has changed the global technological landscape, with the AI and machine learning market expected to grow 20-fold from 2021 onward. The global lockdowns caused by COVID-19 have prompted a 20-fold increase in the adoption of automation and machine learning by enterprises. The global AI market was approximately $8.7 billion in 2021 and is expected to reach $17 billion by 2023, with double-digit growth expected annually in the future.

Therefore, in the context of such rapid market growth, with a large number of competitors entering the market, the quality of machine learning and the tasks that various AI products can perform will be the key to success for most companies. As pioneers of Web3.0, Vorsi will seize market opportunities and enhance the entire Vorsi ecosystem through our powerful AI technology team.