Gartner To CIOs : Prepare To Spend More Money On Generative AI
CIO, Monday, March 31st, 2025
Global spending on generative AI is expected to surge by more than 75% this year compared with 2024, says Gartner.
You know all that money your company may already be spending on generative AI products and projects? Well, be prepared to spend a lot more in the coming year.
As generative AI, or gen AI, becomes more integral to business operations and consumer products, spending is expected to rise dramatically. In its latest forecast, Gartner predicts that the amount of money spent around the world on this hot flavor of AI will total $644 billion this year, an increase of 76.4% from last year.