Global spending on AI ‘expected to double in four...

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2025-07-04 07:41:40 -

Global spending on AI ‘expected to double in four years’, says IDC

The expansive growth of artificial intelligence (AI) investment is becoming increasingly apparent, with global spending projected to double by 2024, reaching an impressive $110 billion, according to IDC's latest data. This rise, calculated with a compound annual growth rate of 20.1%, underlines AI's transition from a beneficial tool to an indispensable technology in the enterprise sector....

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