VentureBeat March 31, 2025
Make no mistake about it, there is a lot of money being spent on generative AI in 2025.
Analyst firm Gartner released a new report today forecasting that global gen AI spending will hit $644 billion in 2025. That figure represents a 76.4% year-over-year increase over gen AI spending in 2024.
Gartner’s report joins a chorus of other industry analyses in recent months that all point to increasing adoption and spending for gen AI. Spending has been growing by 130%, according to research conducted by AI at Wharton, a research center at the Wharton School of the University of Pennsylvania. Deloitte reported that 74% of enterprises have already met or exceeded gen AI initiatives.
While it’s no surprise that...
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