Template-Type: ReDIF-Paper 1.0 Author-Name: Jon Frost Author-X-Name-First: Jon Author-X-Name-Last: Frost Author-Name: Kumar Rishabh Author-X-Name-First: Kumar Author-X-Name-Last: Rishabh Author-Name: Vatsala Shreeti Author-X-Name-First: Vatsala Author-X-Name-Last: Shreeti Title: Global giants in the AI supply chain Abstract: Globally, the largest artificial intelligence (AI) firms are based in the United States, China, Chinese Taipei, Korea and the Netherlands. These global AI giants account for an increasing share of total market capitalisation, capital expenditure and revenues in their respective jurisdictions. For many AI giants – and particularly those from the United States and China – scope and scale go together as they expand the breadth of their activities into multiple layers in the AI supply chain. Length: 8 pages Creation-Date: 2026-02-23 File-URL: https://www.bis.org/publ/bisbull122.pdf File-Format: Application/pdf File-Function: Full PDF document File-URL: https://www.bis.org/publ/bisbull122.htm File-Format: text/html Number: 122 Handle: RePEc:bis:bisblt:122