Organization: The global AI model and platform market is expected to grow by 63.4% to reach $64 billion by 2026.
Gartner's report indicates that by 2026, global end users will spend $64.252 billion on AI models and platforms, an increase of 63.4% compared to last year. Investment in generative AI models has increased by 117%, while spending on AI platforms has grown by 36.9%.
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