Gen AI: Top Spending Priority for IT Leaders

By By Rediff Money Desk, Mumbai
Jun 19, 2025 20:42
Two-thirds of IT leaders prioritize generative AI spending in 2025, reveals a new AWS survey. 83% of companies have appointed Chief AI Officers to drive innovation.
Photograph: Kind courtesy Pixabay.com
Mumbai, Jun 19 (PTI) Nearly two-third of IT leaders have generative artificial intelligence as the top spending priority for 2025 since January, a survey commissioned by Amazon Web Services revealed on Thursday.

With 415 respondents across sectors and business sizes, the survey said that 83 per cent of the companies have appointed chief AI officers to fast-track Gen AI innovation, according to a statement.

There is a growing recognition that Gen AI is a transformative technology that requires strategic leadership at the highest levels, Satinder Pal Singh, the head of solution architecture for AWS India, told reporters here.








***
Kotak Securities rolls out multi-lingual video, text-based learning platform
* Domestic brokerage Kotak Securities on Thursday launched a multi-lingual video and text-based learning platform christened 'Stockshaala'.

The brokerage is attempting to make financial education easy and accessible through the initiative, as per a statement.
Source: PTI
Read More On:
generative aiartificial intelligenceit spendinggen aiaws survey
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

You May Like To Read

MORE NEWS

IHC Acquires Stake in Sammaan Capital: CCI...

CCI approves Abu Dhabi''s IHC acquiring stake in Sammaan Capital. Deal details, IHC''s...

Solar Panel Exports Surge to USD 932 Million

India''s solar panel exports jumped 30.7% to USD 932 million during April-October. US...

Wakefit IPO Subscribed 39% on Day 2

Wakefit''s Rs 1,289-cr IPO saw 39% subscription on day 2. Retail investors subscribed...

Cement Industry Growth: 9% Volume Increase in FY26

Crisil Intelligence forecasts 8-9% cement volume growth in FY26, driven by demand,...

Hemant Ghai Pays Sebi Rs 1.45 Cr to Settle Case

Ex-news anchor Hemant Ghai settles with Sebi for Rs 1.45 cr over fraudulent trading...

Sebi Extends Karvy Claim Deadline to March 2026

Sebi extends the deadline for Karvy investors to file claims to March 2026. NSE...

GST Evasion: Rs 1.6 Lakh Cr Detected in 3 Years

Govt reports Rs 1.6 lakh cr GST evasion in 55,813 cases over 3 years, 7 months....

Zydus Partners with Formycon for Biosimilar Supply

Zydus unit partners with Formycon AG to supply cancer treatment biosimilar in US &...

Gold & Silver Plunge Ahead of Fed Decision

Gold prices slump Rs 1,000, silver plunges Rs 4,500 before the Fed policy decision....

Farmers Urged to Adopt Non-MSP Crops

NITI Aayog member Ramesh Chand encourages farmers to grow crops outside MSP for...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2025 Rediff.com