Enterprises make significant investments in AI

Quick Summary:

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).

A lot of the findings in our research reflect some of those conversations including the challenges to AI adoption.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Ian Barker

Category: Technology

Markets: United States

Topics: Investment Enterprise AI Artificial Intelligence (AI) Article

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-14 @ 13:15:21 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: betanews.com

Language: English

Article Length: 387 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BetaNews

News ID: 22078528

View Article Analysis

About BetaNews

Main Topics: Technology

Official Website: betanews.com

Update Frequency: 3 posts per day

Year Established: 1992

Headquarters: United States

News Last Updated: 21 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #58

Publisher Details

Frequently Asked Questions