- Chinese companies plan to increase their budget for domestic AI accelerators to 46% within a year, up from 30%.
- A significant 80% of executives report that their AI infrastructure spending is exceeding budgets due to rising project costs.
- The move reflects growing tensions with the US and aims to bolster China’s self-sufficiency in technology.
Legacy IT Struggles to Keep Up with Agentic AI Demands
A new Google report reveals that legacy IT systems are struggling to support the increasing demands of agentic AI, prompting a need for major upgrades.
