Infosys Generative AI Radar: APAC Edition

While companies in Europe and North America have forged ahead with generative AI, those in Asia-Pacific are spending their money more effectively, and their spending growth is among the highest in the world. APAC firms spent $1.4 billion in 2023, and that is set to grow by more than 140% to $3.4 billion in 2024, with China out in front and set to boost their spending by about 160% to $2.1 billion this year.
However, APAC companies are more cautious about generative AI than the rest of the world, perhaps because their slower start meant they could watch what firms elsewhere were doing. To find out more.