4 of 5 CEOs boost generative AI spends: Study
According to the EY CEO Outlook Pulse 2023 survey of 50 Indian CEOs, a significant number of CEOs are prioritizing investments in generative AI to maintain a competitive edge. To fund these AI-related initiatives, 84% of respondents are either raising new capital or reallocating funds from other projects or technology budgets. However, 62% of CEOs express concerns about the rapid progress of generative AI and the regulatory environment, impacting their capital allocation decisions.
Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.
