Gartner Forecasts Worldwide GenAI Spending to Reach $644 Billion in 2025
Worldwide generative AI (GenAI) spending is expected to total $644 billion in 2025, an increase of 76.4% from 2024, according to a forecast by Gartner, Inc. “Expectations for GenAI’s capabilities are declining due to high failure rates in initial proof-of-concept (POC) work
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