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flag 2024 AI spending to comprise 8-10% of businesses' IT budgets, up from less than 1% in 2023.

flag AI spending is expected to comprise 8-10% of businesses' IT budgets in 2024, a significant increase from less than 1% in 2023, according to Wedbush. flag Big Tech companies are pouring resources into AI projects, and businesses are increasingly using AI tools, particularly in healthcare and finance. flag The top 10 AI vendors, based on corporate card transactions, include OpenAI, Midjourney, and ElevenLabs.

11 months ago
5 Articles