With AI FOMO peaking, corporations are prepared to spend a lot more on Microsoft Copilot in 2024
Publishing timestamp: 2023-12-20 12:46:19
Summary
A survey conducted by CNBC Technology Executive Council found that more than half of large organizations plan to purchase gen AI software, such as Microsoft Copilot, within the next six months. The survey also revealed that Microsoft is leading the generative AI market and is expected to see significant gains. The article discusses the potential impact of gen AI on businesses and the factors influencing adoption, such as cost and data concerns. It also highlights the importance of integrating gen AI with other data sources and the need for cybersecurity spending alongside gen AI investments.
Sentiment: NEUTRAL
Keywords: generative ai, enterprise, alphabet inc, technology, business news, artificial intelligence, microsoft corp, software industry,