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Majority of big enterprises plan to enhance spending on AI, machine learning by 10-30% this year

By Economic Times - 3 months ago
A survey by CIO&Leader showed that major Indian businesses with turnovers over Rs 5,000 crore intend to boost their AI and ML investments by 10-30% in 2024. The survey found 78% aim to enhance customer experience. These technologies are viewed as essential for gaining competitive advantage and improving operational efficiency.

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