Tech spending trends and the future of AI
A new S&P Global report shows a surge in AI tech adoption, boosting enterprise tech spending and earnings. The US Technology Demand Indicator is also climbing, reflecting a rise in AI, cloud, data management, and cybersecurity investments.
Despite a positive outlook for AI market players like chipmakers and cloud services, economic factors like inflation and geopolitical risks prompt business caution. This report sheds light on tech spending trends and the AI market's future. Read on to uncover in-depth analysis.