Hype or not, the potential of AI has tech companies enamored, and businesses large and small have begun betting heavily on efforts that leverage AI in some fashion to spur their growth to new heights.
These wagers have come in many forms. Firms like PwC and Accenture have promised to spend heavily on the sector, while others are creating new AI-focused capital pools and directly investing in AI-focused startups. A large number of tech companies today are also tapping their operating cash flow to add AI to their existing products and services.
There’s an all-out race to leverage AI …
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