Enterprises make significant investments in AI

Almost one in 10 decision-makers in both the UK (eight percent) and US (seven percent) are planning to spend over $25 million on AI this year. A survey from Searce, of 300 C-Suite and senior technology executives at organizations with more than $500 million, finds that for US decision-makers, data privacy and security are ranked as the number one hurdle to adopting AI (20 percent), whereas UK decision-makers rank lack of qualified talent as their number one challenge (19 percent). 'As global investments in AI continue to rise, as our research has found, it is crucial for businesses to focus… [Continue Reading]