Latest AI spending News & Updates

New Delhi, May 19 (IANS) Worldwide spending on artificial intelligence is projected to jump 47 per cent year-on-year to $2.59 trillion in 2026, driven largely by rising investments in AI infrastructure and AI-optimised servers as enterprises and cloud providers accelerate adoption of generative AI and agentic workflows, a report said on Tuesday. The report from Gartner said AI‑optimized infrastructure including AI‑optimized IaaS, servers, network fabric, processing semiconductors and devices…