IDC Predicts Global Spending on Generative AI Will Reach $143 Billion by 2027
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Translated Data:
The International Data Corporation forecasts that global spending on generative artificial intelligence (AI) solutions will reach $143 billion by 2027, with approximately $1.6 billion invested in 2023. Investments in generative AI are growing at a significantly faster rate than overall AI and global IT spending. By 2027, it is anticipated that generative AI spending will account for 28.1% of total AI expenditures. The growth in investment will naturally increase as organizations transition from experimentation to widespread adoption.
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