Big Tech given B+ grade in UBS AI report card; monetisation still work in progress

While the Big Four continue to lead global AI investment and innovation, a report by UBS finds monetisation and efficiency still lagging behind the scale of their ambitions.

The Big Four tech giants — commonly referred to as the global AI leaders — have been given B+ grade by UBS’s latest AI progress report, reflecting strong commitment and encouraging results, but it also flagged key areas needing improvement.