European AI spending is on track to reach nearly $470 billion by 2030
Brief
European organizations will spend nearly $470 billion on AI in 2030, IDC forecasts, with spending growing at a compound annual rate of 35% from 2025. At that rate, the market more than quadruples in five years. Generative AI will account for 55. 4% of the total by 2030. agentic AI is the main driver.
Companies are moving from single-purpose copilots to several agents working together, and they are doing it under the EU AI Act, whose … More →
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