Jan. 23, 2024, 10 p.m. | Cari Miller

IEEE Spectrum spectrum.ieee.org



International Data Corp. estimated that US $118 billion was spent globally in 2022 to purchase artificial intelligence hardware, software, and data services. IDC has predicted the figure will nearly triple, to $300 billion, by 2026. But public procurement systems are not ready for the challenges of procuring AI systems, which bring with them new risks to citizens.

To help address this challenge IEEE Standards Association has introduced a pioneering standard for AI procurement. The standard, which is in development, can …

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