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Copy link Copied Copy link Copied Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Already a subscriber? Login The level of corporate appetite for artificial intelligence projects and the level of spending being poured into developing the technology are telling two conflicting stories. Global spending on generative AI will grow 76 per cent this year to reach $US644 billion ($1.
1 trillion), data from research giant Gartner shows, while corporate expectations of GenAI’s capabilities are declining due to high failure rates in initial proof-of-concept work and dissatisfaction with current GenAI results. Copy link Copied Copy link Copied Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Already a subscriber? Login Introducing your Newsfeed Follow the topics, people and companies that matter to you.
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