The Hindu BusinessLine Tech
7/20/2026

The original headline is: "Global AI platforms and models market to grow 63% to $64 billion in 2026: Gartner"
Original: Global AI platforms and models market to grow 63% to $64 billion in 2026: Gartner
Short summary
Gartner forecasts the global AI platforms and models market to grow 63% to $64 billion in 2026. Generative AI model spending is expected to surge 117%, while AI platforms grow 36.9%. The data signals accelerating enterprise adoption and shifting budget priorities toward foundation models.
- •AI platforms and models market projected at $64B in 2026, up 63%
- •GenAI model spend forecast to grow 117% YoY
- •AI platforms segment expected to grow 36.9%
Generated with AI, which can make mistakes.
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