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Saudi Arabia launches $100 Billion AI initiative to lead in global tech

CIO

As part of Saudi Arabia’s Vision 2030 plan, this AI project underscores the country’s commitment to economic diversification away from oil, aiming to become a global tech leader within the next decade. This includes initiatives to adopt AI domestically and ultimately position Saudi Arabia as an exporter of AI solutions by 2030.

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CIOs’ top 2025 goal? Turning around IT’s sagging reputation

CIO

Those of us who read tea leaves for a living lament the fact that IT trend analysis has, for the past three years, been hijacked by the term “ChatGPT.” And despite Gartner forecasting that by 2030 every dollar of IT spend will have an AI component , CIOs nevertheless need to broaden the collective technology imagination beyond AI.

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What to expect from AI in the enterprise in 2025

CIO

AI governance software will also become increasingly important in this process, with Forrester predicting spending on off-the-shelf solutions will more than quadruple by 2030, reaching almost $16 billion. McKinsey has calculated that global demand for data center capacity could rise at an annual rate of 19% to 22% from 2023 to 2030.

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10 top priorities for CIOs in 2025

CIO

Since the introduction of ChatGPT, technology leaders have been searching for ways to leverage AI in their organizations, he notes. NIST recently released its official post-quantum cryptography (PQC) timeline report that establishes 2030 as the target for PQC migration completion.

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7 ways gen AI can create more work than it saves

CIO

According to a new IDC report , 98% of business leaders view AI as a priority for their organization and the research firm expects AI to add $20 trillion to the global economy through 2030. The use of its API has also doubled since ChatGPT-4o mini was released in July.

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TechCrunch+ roundup: 2022 stock options report, pivot to SaaS, crypto investor survey

TechCrunch

By 2030, the 50-plus market is projected to swell to 132 million people, who are projected to spend an average of $108 billion every year on tech products,” according to Abby Miller Levy, managing partner and founding president of Primetime Partners. Some investors are (cautiously) implementing ChatGPT in their workflows.

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Typeface emerges from stealth with $65M to bring generative AI to the enterprise

TechCrunch

Just last week, Coca-Cola inked a deal with OpenAI to leverage the company’s text-writing ChatGPT and DALL-E 2 to craft ad copy, images and personalized messaging. Another report projects that the market for generative AI will be worth more than $110 billion by 2030.