These companies roll up their sleeves to implement AI

The financial benefits of committing to unlocking are almost immeasurable, so there is no more urgent than a leader starting to roll up his sleeves.

However, many find it difficult to navigate the onslaught of new, ever-changing tools and large-scale language models (LLM). The early experiments of many companies have proven to be expensive investments with high-end profits.

A recent IBM survey of 2,000 global CEOs found that leaders believe AI is crucial for their future. Just 25% of current AI initiatives provided the return on investment they wanted.

Still, there are companies in every sector that are beginning to understand that. luckThe newsroom is looking to gather examples of AI implementations that demonstrate promising benefits in a new special digital issue that is part of a series called Fortune AIQ, made possible by our partner ServiceNow.

On Wall Street, for example, JPMorgan Chase says its internal AI use case unlocked an estimated $2 billion. 240-year-old bank BNY has also embraced AI, launching an internal tool called Eliza to help employees build their own AI agents, and partnering with Openai to collaborate on financial services use cases.

Other Fortune 500 companies support corporate learning initiatives and even mimic executive communication to create AI avatars to produce more frequently. Mondelez International said it has created 30,000 such videos this year with the help of an AI avatar startup supported by Mark Cuban.

In the $100 billion waste management industry, AI can help you recycle more efficiently. AMP creates AI-driven systems (which are horrifying and scary things for humans) that organize waste from recycling, helping businesses to reduce the cost of their groans by up to 50%.

Key Points: While it can be daunting to grasp AI, it's business importance.

As IBM Vice Chairman Gary Cohn said of his AI ROI investigation, “The ultimate reward will only come to the CEO with the courage to accept the risk as an opportunity.”