New Delhi, March 22 -- Companies with at least $500 million (50 Crores) in annual revenue are adopting Artificial Intellignece (AI) more quickly than smaller organisations, according to a report by McKinsey.

"The companies with more than USD 500 million in annual revenues are using gen AI throughout more of their organisations than smaller companies are," the report says.

The report says that the organisations are beginning to create the structures and processes that lead to meaningful value from gen AI.

While still in the early days, companies are redesigning workflows, elevating governance, and mitigating more risks, the report added.

The report adds that overall, the use of AI--that is, gen AI as well as analytical AI--continues to...