2023 US economic growth forecast at 2.7%, outpacing advanced economies; global economy projects 3.2% growth in 2024-25; AI and electrification dominate tech trends.

The US leads in economic growth with a forecasted 2.7% in 2023, compared to 1.7% for advanced economies. The global economy is projected to grow moderately, with the IMF forecasting 3.2% growth in 2024 and 2025. Generative AI and electrification dominate tech trends, with AI searches surging 700% on Google. Nvidia Corporation, a top GPU designer, holds over 80% of the data center GPU market and continues to innovate, benefiting from increased AI investment.

August 06, 2024
3 Articles