In the rapidly evolving landscape of artificial intelligence, certain players are emerging as clear frontrunners in the short term. Tom White identifies four key groups that are poised to benefit significantly from the current AI boom: Big Tech firms, chipmakers, intellectual property lawyers, and the Big Four consulting firms. Big Tech firms, including giants like Google, Amazon, Meta, and Microsoft, are leveraging their vast resources—both data and financial capital—to dominate the AI space. These companies are not only investing heavily in AI development but are also driving the market forward with substantial funding initiatives. For instance, Google has announced a $120 million fund for global AI education, while OpenAI is on track to secure a staggering $6.5 billion in funding, highlighting the immense financial stakes involved. Chipmakers, particularly NVIDIA, are also critical to the AI ecosystem. The demand for advanced computing power to support AI workloads has skyrocketed, and NVIDIA is positioned as a leader in this domain. The company’s ability to meet the surging demand for GPUs has made it a key player in the AI race, with industry leaders like Larry Ellison and Elon Musk actively seeking to secure resources from them. Intellectual property lawyers are finding new opportunities as the legal landscape surrounding AI-generated content becomes increasingly complex. As generative AI platforms create content based on vast datasets, questions of ownership and copyright are emerging. Landmark cases are already in motion, and the outcomes will shape the future of AI and intellectual property rights. The Big Four consulting firms—EY, PwC, Deloitte, and KPMG—are also capitalizing on the AI trend. They are investing heavily in AI tools and practices to help businesses understand and implement AI effectively. This investment is expected to yield significant returns, with projections suggesting that these firms could generate billions in additional revenue from their AI advisory services. Despite the current excitement surrounding AI, White cautions that we are at a critical juncture. The initial hype may be giving way to a more sobering reality as the industry grapples with the practicalities of AI implementation. The race is far from over, and while the starting positions are established, the ultimate success will depend on how these players navigate the challenges ahead. The future of AI is not just about who starts strong but also about who can sustain their momentum and adapt to the evolving landscape.