“AI goes mainstream in 2024: 'We believe AI is the biggest transformation in the tech sector in the last 30 years and is a 1995 Moment not seen since the start of the internet' — AI and related purchases will account for 8% to 10% of IT budgets in 2024, up from less than 1% in 2023.”

There is no authoritative, consistently measured figure for AI's share of enterprise IT budgets in 2024; vendor and survey estimates vary widely (IDC-style AI spending totals imply low single digits of global IT spend, while some CIO surveys report higher shares), so the claim cannot be cleanly judged.