Indian enterprises to up AI spending by 68% in 2024: Report

New Delhi: About 68 per cent of IT leaders stated they are gearing up for an increase in Artificial Intelligence (AI) spending over the next 12 months, a new report has revealed.

According to the CIO&Leader Annual State of Enterprise Technology report, the versatility of AI is prompting businesses to explore diverse applications in the context of business operations, driving growing interest in using AI.