ai-funding

Vocabulary Word

Definition

Okay, so you know a bit about this. 'AI-Funding' is typically about financial support (like venture capital, grants, or loans) provided to develop or enhance Artificial Intelligence (AI), which includes things like machine learning, robotics, or smart devices.

Examples in Different Contexts

In corporate investment, 'AI funding' involves companies allocating budget to develop or integrate AI technologies within their operations or products. A CFO might explain, 'Our strategic AI funding is aimed at leveraging AI to enhance operational efficiency and drive growth.'

Practice Scenarios

Business

Scenario:

Our current round of investment should be focused on accelerating our AI product development. This will strengthen our position in the market.

Response:

I completely agree. The AI-funding could potentially help us to leapfrog the competition.

Public-Policy

Scenario:

Our nation's position in the global AI landscape could be greatly enhanced with increased government support and funding.

Response:

Indeed, attracting robust AI-funding from our government will surely improve our nation's standing in AI development globally.