Tag Archives: Gartner

Worldwide spending on GenAI is projected to reach US$644 billion in 2025, marking a 76.4% increase from 2024, according to a forecast by Gartner. John-David Lovelock, Distinguished VP Analyst at Gartner, noted that expectations for GenAI’s capabilities are diminishing due to high failure rates in initial proof-of-concept (POC) work and growing dissatisfaction with current GenAI outcomes. However, foundational model providers continue to invest billions each year to enhance the size,...

Bitcoin is doing extremely well as of late. It has recently crossed the $51,000 line, and it appears to be staying there. Several institutions and major tech industry players have been investing in the asset and seem to be viewing it through a rather positive lens, but this isn’t changing the minds of most financial executives when it comes to BTC and crypto.Bitcoin Is Doing Well, but It’s Not Loved By EveryoneIn a recent survey, only 16 percent of the world’s primary financial heads say they...