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Home Technology Artificial Intelligence

AI Investments Surge, Companies See Internal Benefits

Companies are experiencing internal benefits from integrating AI, with 29% fully integrated and 31% in early stages. 57% credit IT departments for driving AI strategy. Budgets for AI expected to double in 2024 compared to 2023. AI skills shortage continues.

by Lilu Anderson
Thu, Mar 28, 2024 11:16pm
in Artificial Intelligence
• 3 mins read
13.9k
AI Investments Surge, Companies See Internal Benefits | FinOracle

Photo: Finoracle.net

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AI Investments Skyrocket: A Global Business Transformation

In an unprecedented surge, AI investments have seen a dramatic increase over the past year, signaling a significant shift in the business realm towards more digitally-focused operations. A recent study unveils a whopping doubling of AI budgets forecasted for 2024, as compared to the figures of 2023, marking a milestone in the AI adoption journey.

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