Global AI spending to increase by 60% in 2025; share of Microsoft, Amazon, Alphabet & Meta to decrease: UBS
Global artificial intelligence (AI) spending is projected to rise significantly in the coming years, with UBS estimating a 60 per cent year-on-year increase in 2025, to USD 360 billion. The momentum is expected to continue in 2026, with a further 33 per cent rise to USD 480 billion. However, the share of spending attributed to…