Big Tech Leads in the AI Race But....
“Incumbents in virtually every industry face disruption from AI, and those that fail to make AI a priority will risk extinction.” This is the view of business intelligence and analytics firm GlobalData on artificial intelligence (AI), and is a verdict that’s hard to disagree with. But while no company can afford to be a loser in AI, which technology brands are currently leading the AI race around the world? The answer isn’t a simple one. AI is a theme covering various technology categories, not all of which are led by the same companies. There is healthy variety and competition in the market, with impacts spanning every sector: oil, retail, banking, automotive and more. Today, Verdict takes a deep dive into the industry picture using GlobalData thematic research to find out which companies are winning the AI race, and how much of a threat China may one day pose to their bottom lines. The Unusual Suspects GlobalData estimates that the global AI platform market will be worth $52bn i...