Trends in AI – unprecedented growth and global competition

The “Trends – Artificial Intelligence” report by Mary Meeker, Jay Simons, Daegwon Chae, and Alexander Krey from BOND published on May 30, 2025, provides a comprehensive overview on AI development and adoption, showcasing that the pace and scope of change related to artificial intelligence technology evolution is unprecedented and most importantly, supported by the data.

The report illustrates how AI is transforming technology, business, and soeictey at an accelerated rate. Some selected findings below are:

1. Record user adoption: ChatGPT hit 800 million users in 17 months, faster than any previous technology;
2. Massive investment: Tech giants spent $212 billion on AI infrastructure;
3. Open-source growth: AI model downloads and availability exploded, with Meta's Llama reaching 1.2 billion downloads;
4. US-China competition: Both nations are racing for AI dominance across strategic industries and applications;
5. Expanding applications: AI is moving beyond chatbots into healthcare, finance, robotics, and scientific research.

Read the full report here: https://www.bondcap.com/report/tai/#view/5