AI Spending Soars as Businesses Invest Heavily in New Tech
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Over 20% of businesses are now spending between $50,000 and $100,000 annually on AI, with 9% investing over $500,000. It represents a rapid growth in AI adoption and expenditure compared to previous years, highlighting both the benefits and risks associated with this trend. Most businesses report satisfaction with their AI investments, citing high returns. However, concerns remain about cybersecurity and policy gaps.
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