Led by Nvidia, U.S. dominates in generative AI tech

American giants capture up to 90% market shares in chips and cloud services

U.S.-based Nvidia's graphics processing units have become a crucial foundation for generative artificial intelligence. (Original photos by Nikkei and Nvidia)

AKIRA OIKAWA, KOSUKE TOSHI and RYOSUKE EGUCHI, Nikkei staff writers

March 28, 2024 02:30 JST

TOKYO -- U.S. tech companies have come to dominate multiple facets of the burgeoning market for generative artificial intelligence, with market shares of 70% to more than 90% depending on the field.