Global giants in the AI supply chain

Key takeaways 

• 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.

The views expressed in this publication are those of the authors and do not necessarily reflect the views of the BIS or its member central banks.