Topic: technological advancements ai

Build vs. Buy: The Future of GenAI for Businesses

This is something that the prognosticators at Gartner expect to happen with generative AI models, although admittedly it will take time for the differentiated models to be created and adopted. According to the data just released by Gartner, its analysts expect for end user spending on GenAI models to hit $14.2 billion in 2025, nearly a factor of 2.5X higher than spending on commercial GenAI models last year, which added up to $5.7 billion in spending. We have added the GenAI model spending to a ...