Asia-Pacific AI spending set to reach $370bn by 2029 International Data Corporation (IDC) projected that artificial intelligence and generative AI spending in Asia-Pacific will rise from 73 billion dollars in 2024 to 370 billion dollars by 2029, marking a fivefold increase driven by rapid enterprise adoption. The report highlights a compound annual growth rate of…
It was satisfying for the Center for Exhibition Industry Research (CEIR) to finally update exhibitor spending benchmarks that had not been refreshed since 2017. With the pandemic firmly behind us, this survey conducted in late 2025 quantifies both how exhibitors allocate their dollars across expense categories and how overall marketing budgets are distributed by channel….
Spending on AI subscriptions is starting to become a part of some households’ budgets as users choose to upgrade to more powerful versions of publicly available generative AI tools, like OpenAI’s ChatGPT. The share of U.S. households that now pays for a generative AI subscription is up roughly 155% compared to last year, according to new…
European spending on artificial intelligence is forecast to reach $290 billion by 2029, according to a report by the International Data Corporation (IDC). The forecast represents a compound annual growth rate of 33.7 per cent between 2025 and 2029, reflecting rapid expansion across the region. Growth is expected to be driven by major investments from…
Oracle has started telling employees that it’s cutting thousands of jobs, CNBC has confirmed, as the software maker deals with a plummeting stock price tied to hefty capital commitments for building out AI infrastructure. While Oracle’s core business is on the receiving end of market panic about competitive risk from generative artificial intelligence models, the…
AI security budgets are rising fast. In many organizations, they are rising faster than the systems they are meant to protect. That imbalance is easy to miss. Investment in artificial intelligence continues to accelerate, with global private funding reaching $33.9 billion in 2025 alone. At the same time, security leaders are being asked to account…
Meta eyes major layoffs as AI spending drive prompts restructuring Meta has reportedly planned a major workforce reduction that could affect 20% or more of its roughly 79,000 employees. This significant move would result in over 15,000 job losses- the largest in the company’s history. The company seeks to offset costly artificial intelligence infrastructure bets…
Image: BoliviaInteligente/Unsplash Oracle is reportedly preparing to cut thousands of jobs as the tech giant pours billions of dollars into building the infrastructure needed to support artificial intelligence. According to a Bloomberg report, the tech leader is considering layoffs across multiple divisions as it grapples with the financial strain caused by its large-scale AI expansion….
Credit: ZME Science/AI-generated NanoBanana 2. Despite the relentless hype and massive capital expenditures, the corporate world is facing a harsh truth. Artificial intelligence is simply not paying the bills yet. A new survey from PwC, which gathered responses from 4,454 chief executives across 95 countries, found more than half of the surveyed executives — 56…
If you talk to anyone working in media, gaming, or digital platforms right now, you’ll hear the same thing: consumers are not spending less on entertainment. They are just spending differently. The shift has been gradual but undeniable. What used to be occasional purchases has become continuous digital participation. The industry did not wake up…
