S&P Global Market Intelligence Launches AI Monitor Tool Powered by Visible Alpha Estimates of U.S. Technology Companies
Rhea-AI Summary
S&P Global Market Intelligence has launched an updated version of the Visible Alpha AI Monitor, offering insights into the growth and performance of 66 publicly-traded U.S. technology companies with AI exposure. Key findings include:
1. AI-exposed revenues are projected to grow from $410B in 2022 to nearly $780B by the end of 2025.
2. In 2023, AI-exposed revenues accounted for 24.5% of total revenues among monitored companies, with 82% coming from the top 10 firms.
3. Smaller companies showed improved performance relative to the top 10 in July.
The AI Monitor serves as a valuable tool for investment professionals, analysts, and corporate strategists to assess the AI landscape and identify potential growth opportunities in the rapidly evolving sector.
Positive
- Projected growth of AI-exposed revenues from $410B in 2022 to $780B by 2025
- AI-exposed revenue expectations increased by $40 billion quarter-over-quarter
- AI Monitor expanded to include new companies generating AI-exposed revenue
Negative
- Smaller AI-exposed companies underperformed target estimates year-to-date
- 82% of AI-exposed revenues concentrated in top 10 firms, indicating potential market dominance
News Market Reaction – SPGI
On the day this news was published, SPGI gained 0.67%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Visible Alpha AI Monitor highlights new themes and revised growth projections as the dynamic, AI-exposed investment landscape maintains strong momentum through 2024
The AI Monitor includes consensus estimates across 66 publicly-traded
- Optimism around AI-driven revenue growth continues: AI-exposed revenues are projected to grow to nearly
$780 billion $410B $40 billion - Dominant players vs. smaller incumbents: In 2023, AI-exposed revenues accounted for
24.5% of total revenues among monitored companies, with82% coming from the ten largest firms. Outside of the top 10, the remaining stocks have underperformed target estimates year-to-date. In July, smaller companies showed a general uptick in performance relative to the top 10. - New additions: As more companies begin to generate AI-exposed revenue and are added to the AI Monitor's universe, the impact on the broader ecosystem remains to be seen.
"With the rapid advancements in AI, it's crucial for decision makers to have a deep understanding of which companies are leading the charge and how these developments are impacting financial performance," said Melissa Otto, Head of TMT Research at Visible Alpha. "With new players emerging, new technology being deployed and broader shifts in the macroeconomic landscape, we believe the AI Monitor serves as an important tool to give investment professionals a holistic picture of the publicly-traded AI space in the
By analyzing AI-exposed revenues, the tool helps analysts, investment managers and corporate strategists pinpoint potential growth areas within artificial intelligence–critical for assessing AI's potential to transform into measurable growth. As AI's consumer and enterprise use-cases expand, the Visible Alpha AI Monitor will continue to track these developments helping professionals to uncover new growth opportunities or emerging leaders.
To request a copy of the Visible Alpha AI Monitor, please contact press.mi@spglobal.com
S&P Global Market Intelligence's opinions, statements, estimates, projections, quotes and credit-related and other analyses are statements of opinion as of the date they are expressed and not statements of fact or recommendations to purchase, hold, or sell any securities or to make any investment decisions, and do not address the suitability of any security, and there is no obligation on S&P Global Market Intelligence to update the foregoing or any other element of the Property.
About S&P Global Market Intelligence
At S&P Global Market Intelligence, we understand the importance of accurate, deep and insightful information. Our team of experts delivers unrivaled insights and leading data and technology solutions, partnering with customers to expand their perspective, operate with confidence, and make decisions with conviction.
S&P Global Market Intelligence is a division of S&P Global (NYSE: SPGI). S&P Global is the world's foremost provider of credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help many of the world's leading organizations navigate the economic landscape so they can plan for tomorrow, today. For more information, visit www.spglobal.com/marketintelligence.
Media Contacts
Kate Smith
P. +1 781 301 9311
E. katherine.smith@spglobal.com
press.mi@spglobal.com
Bernardo Soriano for Visible Alpha
P. +1 914-656-3880
E. bernardo@grergoryfca.com
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SOURCE S&P Global Market Intelligence
FAQ
What is the projected growth of AI-exposed revenues by 2025 according to S&P Global Market Intelligence's AI Monitor (SPGI)?
How much did AI-exposed revenue expectations increase quarter-over-quarter in S&P Global's latest AI Monitor update (SPGI)?
What percentage of total revenues did AI-exposed revenues account for in 2023 among companies monitored by S&P Global's AI Monitor (SPGI)?
How many publicly-traded U.S. technology companies are included in S&P Global's Visible Alpha AI Monitor (SPGI)?
