Artificial intelligence has advanced significantly since its inception in the 1950s. Today, we are seeing the emergence of a new era of AI, generative AI. Businesses are discovering a broad range of capabilities with tools such as OpenAI’s DALL-E 2 and ChatGPT, and AI adoption is accelerating among businesses of all sizes. In fact, Forrester predicts that AI software spend will reach $64 billion in 2025, nearly double the $33 billion in 2021.