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CEOs Plan to Boost 2026 AI Spend Despite Weak Returns, Surveys Show

Most companies report productivity gains from AI, with reinvestment favored over job cuts.

Overview

  • Teneo’s new survey finds 68% of public-company CEOs plan to increase AI spending next year even though fewer than half of current projects have produced net positive returns.
  • Expectations on payback are misaligned, with 84% of CEOs anticipating returns will take longer than six months while 53% of investors want results within six months.
  • EY’s U.S. survey reports 96% of AI adopters see productivity gains—57% call them significant—and only 17% say those gains led to reduced headcount.
  • Companies with productivity gains are channeling benefits into existing AI (47%), new AI development (42%), cybersecurity (41%), R&D (39%), and employee upskilling (38%).
  • EY respondents plan larger allocations next year, with the share committing at least a quarter of IT budgets to AI rising from 27% in 2025 to 52% in 2026 and those spending half or more climbing to 19%.