> European AI spending is on track to reach nearly $470 billion by 2030

European organizations will spend nearly $470 billion on AI in 2030, IDC forecasts, with spending growing at a compound annual rate of 35% from 2025. At that rate, the market more than quadruples in five years. Generative AI will account for 55.4% of the total by 2030. agentic AI is the main driver. Companies are moving from single-purpose copilots to several agents working together, and they are doing it under the EU AI Act, whose … More → The post European AI spending is on track to reach nearly $470 billion by 2030 appeared first on Help Net Security.