AI spending

Enterprise Spending on Generative AI Leaps as Tech Becomes ‘Mission Critical’
Enterprise Spending on Generative AI Leaps as Tech Becomes ‘Mission Critical’
November 20, 2024  |  artificial intelligence

Enterprise spending on generative artificial intelligence (AI) increased sixfold in 2024 as businesses began implementing the technology after first experimenting with it. This spending reached...

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KPMG Launches $100 Million AI Partnership With Google Cloud
KPMG Launches $100 Million AI Partnership With Google Cloud
November 20, 2024  |  artificial intelligence

KPMG will spend $100 million over the next four years on its enterprise AI services. It’s part of an artificial intelligence (AI) partnership between the professional...

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Report: AI Will Take Up 10% of Big Tech IT Budgets
Report: AI Will Take Up 10% of Big Tech IT Budgets
May 12, 2024  |  artificial intelligence

Artificial intelligence (AI) projects are set to comprise up to 10% of companies’ IT budgets. That’s according to a report Sunday (May 12) by Seeking...

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DeepMind Head: Google AI Spending Could Exceed $100 Billion
DeepMind Head: Google AI Spending Could Exceed $100 Billion
April 16, 2024  |  artificial intelligence

Google’s top AI executive says the company’s spending on the technology will surpass $100 billion. While speaking Monday (April 15) at a TED Conference in...

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