One of our Research Analysts recently visited 16 major US firms based on the West Coast – including many of those pioneering the world’s adoption of artificial intelligence (AI). Our special report explores the ways in which these companies are simultaneously attempting to change the face of our everyday lives through AI, and working to achieve a competitive advantage at the same time.
Here is a snapshot of just some of the key findings. You can download the full report via the JM Finn website.
- Most businesses that were met view Generative AI as a promising revenue driver rather than a cost-cutting measure.
- Companies like NVIDIA are currently experiencing strong demand, because their products provide the essential building blocks for AI application development.
- The tech industry's increasing complexity is outpacing the supply of skilled labour. This shortage presents an opportunity for AI to fill the gap, but labour costs are likely to continue to account for a significant proportion of company costs.
- Hyperscaler companies – Amazon, Microsoft and Google – own and operate large cloud data centres which enable companies to scale up their operations quickly. Virtually every tech company spoken to emphasised how important the hyperscalers were to enabling their businesses to grow.
Download the Special report: the Rise of the US Tech Titans
