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AI Contract Spending Set to Grow in Federal Market

Updated: Apr 29, 2021

The United States government is trying to get smarter about getting smart. Throughout the federal government, and especially in defense and national security, artificial intelligence (AI) is getting an increased amount of attention, including the adoption of hefty AI budgets. That should lead to increasing contract opportunities for information technology vendors with high competence in AI.

Federal civilian and defense contract spending for artificial intelligence and machine learning (AI/ML) is likely to grow to $4.3 billion in fiscal year 2023, according to a recent report from Bloomberg Government.

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