Investment in AI is surging, with organizations anticipating an average spending of $207 million over the next year, nearly double the amount from last year, according to KPMG’s Q1 AI Quarterly Pulse. This research, part of KPMG’s Global AI Pulse, reveals that companies are transitioning from validating AI to extensive deployment across enterprises. Key barriers include scaling use cases (65%) and skills gaps (62%). Currently, 54% of organizations are deploying AI agents, a significant increase from 12% in 2024. Expectations for managing AI agents are rising, with 57% of leaders believing employees should oversee them. Upskilling initiatives (87%) are prioritized to cultivate an AI-ready workforce amidst concerns around job security and readiness. Governance, focusing on data security and ethical frameworks, has become essential for scaling AI. The KPMG survey highlights regional variance in AI integration strategies, emphasizing the need for tailored approaches to maximize AI’s potential globally.
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