The AI Watch Index contains 22 indicators related to the development of AI from several perspectives, organised around 5 dimensions: (i) global view on the AI landscape, (ii) industry, (iii) research and& development (R&D), (iv) technology, and (v) societal aspects. Although the geographical focus is on the EU, when possible the index provides a comparison with major worldwide AI powerhouses, i.e., the US and China, among others. Also, when available, an indicator is provided for the 27 EU Member States.