AI spending in the US to double by 2025, says IDC

The researcher claims spending will reach $120bn over the next few years

Kelsey Rees
clock • 1 min read
AI spending in the US to double by 2025, says IDC

Spending on artificial intelligence (AI) in the US will swell to $120bn (€108bn) by 2025, according to IDC. That would represents a CAGR of 26 per cent over the 2021-2025 forecast period. Big spenders The US also accounts for more than half of all AI spending worldwide, the analyst firm added.  "The greatest potential benefit for the use of AI remains its use in developing new business, and building new business models," said senior research manager with IDC's Customer Insights & ...

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