90% of AI projects fail - here are 3 ways to ensure yours doesn't

With AI spending forecast to reach $2.52 trillion in 2026, Gartner recommends focusing on building capacity, creating partnerships and avoiding random exploration.

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ZDNET's key takeaways

• Boards are starting to ask tougher questions about money sunk into AI.
• Interrogations into the value of AI projects are an opportunity to re-focus.
• Concentrate on capacity building, strong partnerships, and co-development.

The amount of money that organizations invest in AI shows no signs of abating. Worldwide spending on AI is forecast to reach $2.52 trillion in 2026, a 44% year-over-year increase, according to tech analyst Gartner.

However, there's a twist in the tale. With AI slipping into the abyss in Gartner's Hype Cycle for Emerging Technologies, boards are starting to ask tougher questions about the money spent on AI explorations, and digital and business professionals ...