As gen AI becomes increasingly integrated into our lives and businesses, it should come as no surprise that the US and China have emerged as frontrunners in the field.

More than half (57%) of the top-performing large language models (LLMs) have been developed by, or in partnership with, US-based companies or academic institutions. US-based gen AI start-ups have also received unparalleled private investment – a total of $65bn since 2019.

This is according to research from Boston Consulting Group (BCG), which highlights how gen AI is transforming industries and becoming a more pivotal factor in geopolitics, requiring governments and businesses to adapt to stay agile in the face of evolving dynamics.

Read the full article on Management Today here.