TECHNOLOGY · FIRST ISSUE4 AUG
TOP STORIES
THE AI INDEXTERMINAL
AI investment hits record highs — and the doubts grow louder.
| Period | Value |
|---|---|
| Q1'23 | $28B |
| Q2'23 | $31B |
| Q3'23 | $35B |
| Q4'23 | $42B |
| Q1'24 | $47B |
| Q2'24 | $53B |
| Q3'24 | $61B |
| Q4'24 | $72B |
| Q1'25 | $81B |
| Q2'25 | $94B |
| Year | Value |
|---|---|
| 2019 | $1.3M |
| 2020 | $4.6M |
| 2021 | $12M |
| 2022 | $41M |
| 2023 | $78M |
| 2024 | $110M |
| 2025 | $191M |
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AI funding, latest quarter · first audited figure pending
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cost per million tokens, YoY · first audited figure pending
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new AI data-centre capacity · first audited figure pending
Charts show demonstration data. The Index launches with its first audited update — every published figure will carry a source and a date.
TECHNOLOGY
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OPINION · BY INVITATION
See all →“Open weights won't save us. Open scrutiny might.”
TL
The Ledger View
House editorial
Who gets to define human-centred AI?
·
Invitation pending
The AI research seat
Does the productivity paradox come for AI?
·
Invitation pending
The economics seat
Is alignment an engineering problem or a political one?
·
Invitation pending
The safety & governance seat
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- 01TECHNOLOGYWelcome to the AI Ledger newsroom.
- 02TECHNOLOGYOpenAI's roadmap promises AGI. The fine print promises less.
- 03MARKETSAI investment hits record highs — and the doubts grow louder.
- 04POLICYThe rules being written for AI, and who's writing them.
- 05RESEARCHReasoning models are here. Enterprises aren't ready.