UBS: Adoption of AI tools by businesses remains slow.

Almost all companies are integrating or testing AI tools in some form, and are moving away from the pilot testing phase to actual implementation. However, analysts at UBS indicate that most companies are still in the early stages of this process. Companies are using AI tools to increase employee productivity, for programming, IT, and administrative management, but most applications are internal-facing. AI-related transactions still mainly rely on chip consumption from large model providers and consumer use of chatbots. "Enterprise applications are the third pillar of demand, but more time is still needed in this area."