A new report from Bain & Company projects the market for AI-related hardware and software to expand 40-50% annually, reaching approximately $990 billion by 2027. Market Domination Host Julie Hyman dives into the details of the report and breaks down company spending on generative AI.

Check out Yahoo Finance's conversation with Bain & Company's David Crawford for more on the bullish forecast.

For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend.

This post was written by Melanie Riehl