Artificial intelligence has been growing by leaps and bounds, fueled by excitement around AI’s current capabilities and potential to drive further efficiencies, improvements and innovation.
McKinsey last year reported that 65% of organizations regularly use GenAI, nearly double from 10 months prior, and a new 2025 McKinsey report indicates that three times more employees are using GenAI for a third or more of their work than their leaders imagine. Meanwhile, a new KPMG survey suggests that 68% of business executives expect to spend $50 million to $250 million on GenAI over the next 12 months – that’s up 45% from the first quarter of 2024.
