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Tech: Companies are investing in AI for long-term

Use of open-source AI tools is growing, says Patel New research commissioned by IBM (NYSE: IBM) found that companies surveyed are investing in AI for the long term, with a growing interest in using open-source tools to drive ROI and innovation going forward. The study of IT decision makers (ITDMs), conducted by Morning Consult and developed in collaboration with Lopez Research, revealed that 87% of Indian respondents report making significant progress in executing their 2024 AI strategy, with 76% already seeing positive ROI from their AI investments. In addition, Indian companies are experimenting with AI to find new uses cases...

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