Most organizations favor a hybrid AI strategy, building on open-source models while also leveraging off-the-shelf tools, according to an MIT Technology Review report.
CIOs have doubled down on modernizing enterprise data systems to ease AI adoption, as the computing demands of the technology pose a challenge to adoption ambitions.
Most technology executives expect their organizations to increase investments in data infrastructure and AI adoption over the next year, according to an MIT Technology Review report commissioned by Databricks. All 600 CIOs and IT leaders surveyed in the report said data and AI budgets will grow over the next year, and nearly half anticipate a boost of more than 25%.
