Gartner Forecasts Generative AI Spending To Hit $644 Billion In 2025

Make no mistake about it, there is a lot of money being spent on generative AI in 2025.

Analyst firm Gartner released a new report today forecasting that global GenAI spending will hit $644 billion in 2025. That figure represents a 76.4% year-over-year increase over GenAI spending in 2024.

Gartner’s report joins a chorus of other industry analyses in recent months that all point to increasing adoption and spending for gen AI. Spending has b…