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Subscribe Now Companies are planning to spend more on technology and artificial intelligence in 2025 when compared to last year, and AI is a choice area for investments.
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According to a March report from American Banker, 31% of respondents said that when compared to 2024, their organization will bolster AI investments between 10% and 19% for 2025. An additional 22% said their companies will increase AI spending in excess of 20% across the same time period.
Overall tech spending showcased similar trends, with 34% of experts predicting a 10% to 19% jump in investment for 2025.
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