Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Global AI spending is expected to reach $1.5 trillion in 2025 and exceed $2 trillion in 2026, Gartner reports. Investments are fueled by hyperscaler data centers, Chinese and new AI players, and strong venture capital support, with AI increasingly embedded into consumer devices and enterprise infrastructure.
Global generative AI spending is set to reach $644 billion by 2025, driven by hardware integration, with 80% of spending focused on devices like servers and smartphones. Despite high failure rates in early projects, the growth reflects AI’s increasing role in business and consumer technology, impacting all IT spending markets.