AI Agent Hype Soars as Tech Giants Form Coalitions, But 40% of Projects Face Cancellation by 2027
Tech giants including Anthropic, OpenAI, Google, and Microsoft form coalitions around AI agents amid soaring 2025 hype, but Gartner predicts over 40% of projects will be canceled by 2027 due to security vulnerabilities, accuracy issues, high costs, and companies lacking proper data readiness despite projected $155 billion spending by 2030.