AI
Companies with $500 million+ revenue adopting AI faster than smaller firms: McKinsey
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Companies with at least $500 million (Rs 50 crores) in annual revenue are adopting Artificial Intellignece (AI) more quickly than smaller organisations, according to a report by McKinsey.
“The companies with more than USD 500 million in annual revenues are using GenAI throughout more of their organisations than smaller companies are,” the report says.
The report says that the organisations are beginning to create the structures and processes that lead to meaningful value from GenAI.
While still in the early days, companies are redesigning workflows,…
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