The Index › AI compute
Who may gain as AI spreads through other businesses?
The companies that may gain indirectly as AI spreads through the businesses they serve.
The waterfall: Compute is the resource; the waterfall is everything that spills out of the build and reshapes activity downstream.
Businesses keep adopting AI, but the economy-wide productivity lift does not arrive before 2028.
What would prove us wrong
Productivity jumps much sooner than we expect, or adoption stops spreading.
Review 2027-12-31 · check: BLS Productivity and Costs (quarterly); Census Bureau Business Trends and Outlook Survey. · the claim's page
| Company | What it sells | Reports next |
|---|---|---|
| AGCO AGCO |
AGCO makes tractors and harvesting equipment for farmers. | not yet announced |
| AbCellera ABCL |
AbCellera sells antibody discovery services and drug-candidate platforms to biotech and pharmaceutical customers. | not yet announced |
| Absci ABSI |
Absci is a clinical-stage drug developer that uses artificial intelligence to design its own antibody medicines, led by a candidate for hair loss and endometriosis. | 12 Nov · expected, per Nasdaq |
| Aurora Innovation AUR |
Aurora Innovation develops the Aurora Driver, a self-driving system of hardware, software and data services for trucks and other vehicles. | not yet announced |
| Autodesk ADSK |
Autodesk sells design and engineering software to architects, builders, and manufacturers. | 24 Nov · expected, per Nasdaq |
| Bentley Systems BSY |
Bentley Systems sells software that engineers use to design, build and operate roads, bridges and utilities. | not yet announced |
| Cognex CGNX |
Cognex sells machine vision cameras and software that let factory robots and inspection systems "see" and check products. | not yet announced |
| Doximity DOCS |
Doximity sells software for doctors and pharmacies, including telehealth tools and drug-prescribing platforms. | not yet announced |
| Duolingo DUOL |
Duolingo sells a language-learning app that uses artificial intelligence. | not yet announced |
| Hesai HSAI |
Hesai makes lidar sensors, laser devices that map surroundings in 3D for robots and self-driving vehicles. | 10 Nov · expected, per Nasdaq |
| Hims & Hers HIMS |
Hims & Hers sells telehealth subscriptions for prescription drugs and personal care. | not yet announced |
| Innodata INOD |
Innodata sells data engineering and annotation services that prepare training data for artificial intelligence models. | not yet announced |
| Klaviyo KVYO |
Klaviyo sells software that helps businesses send targeted email and text messages to customers. | not yet announced |
| Procore PCOR |
Procore sells construction management software that runs building projects online. | not yet announced |
| Recursion RXRX |
Recursion uses artificial intelligence to speed up drug discovery, relying heavily on computing power. | not yet announced |
| Relay Therapeutics RLAY |
Relay Therapeutics develops cancer drugs, using computer simulations of how proteins move. | not yet announced |
| Schrodinger SDGR |
Schrodinger sells software that uses physics-based computer simulation to help drug companies design new molecules. | not yet announced |
| Symbotic SYM |
Symbotic designs and runs automated warehouse systems, with robots and software that move and sort goods for retailers and distributors. | 23 Nov · expected, per Nasdaq |
| Tempus AI TEM |
Tempus AI sells software and genomic data analysis to hospitals and drugmakers. | not yet announced |
| Teradyne TER |
Teradyne makes automatic test equipment that checks semiconductor chips and electronics before they ship, plus collaborative robots that work alongside people. | not yet announced |
| Tesla Optimus TSLA |
Tesla's Optimus unit builds general-purpose humanoid robots designed to perform physical work. | not yet announced |
| Toast TOST |
Toast sells cloud-based point-of-sale software and payment tools to restaurants. | not yet announced |
| Trimble TRMB |
Trimble makes positioning, mapping and construction-software hardware and services. | not yet announced |
| Veeva VEEV |
Veeva sells cloud software that drug companies use to run drug development and sales. | 19 Nov · expected, per Nasdaq |
Showing 24 of 24 · No price is shown: the Index is a map of what each company sells and where it sits, not a quote board.
Next door
Whose business is AI itself? · Who makes the chips, and the tools to make them? · Who builds and equips the data centers?