Richard Allinson

This article is part of Bain’s 2025 Global Private Equity Report In year two of generative AI’s sprint across the technology landscape, it’s clear everybody in private equity is thinking hard about putting this innovation to work. Today’s winners are figuring out where AI can deliver meaningful results and how to build organizational support for AI adoption.

This article is part of Bain’s 2024 Global Private Equity Report A year into the explosive advent of generative AI, it’s become increasingly obvious that these technologies truly do promise game-changing disruption for many industries and business functions. While there’s been no shortage of wild-eyed exuberance since ChatGPT launched in late 2022 and showed the world what generative AI is capable of, there’s been no shortage of substance, either.