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Fortune 500 companies continue to beef up AI budgets: Wedbush analysis

Summary by Fortune

Good morning. CFOs are keen on determining the use cases for AI that deliver business value. And the process for doing so could be becoming less complicated. Wedbush Securities has been monitoring dozens of large firms, including Fortune 500 companies over the past few weeks, according to a Monday industry note. Of the companies analyzed, overall, the firm estimates that AI now comprises roughly 12% of many IT budgets for 2025, up from 10% in J…

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Fortune 500 companies continue to beef up AI budgets: Wedbush analysis

Good morning. CFOs are keen on determining the use cases for AI that deliver business value. And the process for doing so could be becoming less complicated. Wedbush Securities has been monitoring dozens of large firms, including Fortune 500 companies over the past few weeks, according to a Monday industry note. Of the companies analyzed, overall, the firm estimates that AI now comprises roughly 12% of many IT budgets for 2025, up from 10% in J…

3 days ago·New York, United States

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PYMNTS.com broke the news in 4 days ago on Tuesday, March 25, 2025.

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