Infrastructure Vendors Were the Market Winners in AI’s First Year

PYMNTS.com December 26, 2023

The first year of the generative artificial intelligence (AI) era is winding down.

And what a year it has been. As difficult as it is to grasp the revolutionary impact AI might have on the global economy, the potential size of the innovation’s own market is even more difficult to comprehend.

After all, generative AI is poised to have a transformative impact across almost every piece of software and nearly all human endeavors.

But, one year into the technology’s commercialization, where has the most value accrued in the market so far — who is winning the AI race by establishing the best product-market fit?

The answer is a potentially surprising, if intuitive, one: the real market winners, at least so...

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