Gartner Predicts $644 Billion in AI Spending by 2025, But GenAI Value Remains Unclear
Gartner projects that global spending on generative artificial intelligence (GenAI) will reach $644 billion in 2025, marking a 76.4% increase from 2024. This surge is primarily driven by substantial investments in hardware, which are expected to account for approximately 80% of the total GenAI expenditure. Specifically, spending on AI-enabled devices is projected to nearly double …