Wedbush analyst Daniel Ives discusses the benefits for software companies from the AI spending phase. In recent weeks, the analyst has been tracking enterprise AI spending in 2025, focusing on use cases and identifying leading vendors. AI now makes up about 12% of many IT budgets, up from 10% in January, with some CIOs accelerating their AI strategies. Nvidia Corp (NASDAQ:NVDA) chips and cloud providers are central to AI deployments, and for every $1 spent on Nvidia, there is an $8-$10 impact ac