New Delhi, March 2 -- Artificial Intelligence (AI) investment in India is projected to grow at 2.2 times the rate of overall digital technology spending over the next three years, generating an economic impact exceeding $115 billion by 2027, Times Now reported, citing a recent International Data Corporation (IDC) report.

The study further indicates that by 2027, company executives will expect a minimum 70 percent success rate for their Generative AI (GenAI) initiatives to drive operational efficiency and revenue growth.

"Investment in all AI categories is increasing at a significantly faster pace than overall digital technology spending. Leading digital business organisations are prioritising AI, intertwining AI transformation with digi...