As Hollywood Strikes, 96% Of Entertainment Companies Are Boosting Generative AI Spend

AFP via Getty Imageshas reached and passed 100 days, a new report out says almost every entertainment and media company plans to boost generative AI spend. In fact, they are global leaders.

“Companies in the entertainment, technology and consumer products industries are frontrunners in plans to increase generative AI spending,” Lucidworks, a search and insights company that commissioned the report, says.96% of executives involved in AI decisions are prioritizing generative AI investments, and that means that most companies globally are investing. China leads with 100% of companies saying they are investing in generative AI, while 94% of UK and 95% of French companies say the same.

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