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ARTIFICIAL intelligence (AI) has gone beyond experimentation to become business-critical for many organisations. While the promise of AI isn’t guaranteed and may not come easy to most, adoption is no longer a choice.

This is even more pertinent because businesses across the Asia-Pacific region (excluding Japan) are on track to spend more than US$46.6 billion on AI solutions by 2026, up from US$20.6 billion in 2022, according to estimates by the International Data Corporation.

In 2022, AI adoption grew significantly, with 24 per cent of companies in Australia, 39 per cent in Singapore, and 22 per cent in South Korea developing or deploying AI.