Which Fortune 500 Companies Are Investing in AI? | Built In

Which Fortune 500 Companies Are Investing in AI? | Built In

The race for artificial intelligence dominance is no longer confined to the R&D labs of Silicon Valley. Today, the world’s largest enterprises are moving beyond the experimentation phase, embedding AI into the core of their global operations to drive efficiency and redefine customer experiences. Fortune 500 companies are on a mission to ensure they aren’t left behind in this massive technological shift and are pouring money into solutions ranging from generative models that draft complex financial reports to autonomous agents for managing supply chains.

The scale of investment has reached unprecedented levels. Industry titans like Alphabet and Meta are projected to allocate billions toward AI infrastructure, and Microsoft reports that over 80 percent of the Fortune 500 are now actively deploying AI agents to handle increasingly complex tasks in finance, manufacturing, retail and other industries.

This list explores the Fortune 500 leaders making the most significant bets on AI. These companies aren’t just using the technology — they are building the infrastructure and developing the custom models intended to power the next era of global business.

Founded: 1912

Headquarters: Boston, Massachusetts

Industry: Insurance

How Liberty Mutual Insurance is investing in AI: Liberty Mutual is a global property and casualty insurer providing a wide range of insurance products and services. The company is turning AI pilots into scalable solutions to empower employees, and that includes leveraging predictive tools to refine its underwriting processes and claims forecasting.

 

Founded: 1903

Headquarters: Dearborn, Michigan

Industry: Automotive

How Ford is investing in AI: Ford is an American automaker that designs and manufactures trucks, SUVs and luxury vehicles. Through its Ford Pro division, the company uses AI to analyze millions of data points daily, helping commercial customers reduce vehicle downtime and optimize fleet efficiency.

 

Founded: 1958

Headquarters: San Francisco, California

Industry: Fintech

How Visa is investing in AI: Visa is a digital payments specialist facilitating transactions among consumers, merchants and financial institutions. With a history of deploying AI that dates back to 1993, the company continues to use AI to fight fraud, and its Visa Intelligent Commerce offering now supports agentic AI shopping experiences. 

 

Founded: 1837

Headquarters: Moline, Illinois

Industry: Artificial intelligence, industrial, IoT

How John Deere is investing in AI: John Deere manufactures advanced equipment for the agriculture, construction and forestry industries. The company is investing heavily in “Smart Industrial” technology and is developing autonomous machines for agriculture, construction and commercial landscaping.

 

Founded: 1978

Headquarters: Boise, Idaho

Industry: Artificial intelligence, hardware, manufacturing

How Micron Technology is investing in AI: Micron produces memory and storage solutions designed to power advanced computing capabilities. Its high-bandwidth memory chips are critical components for the AI industry, and the company is scaling production to meet the soaring demand from AI data centers.

 

Founded: 1908

Headquarters: Detroit, Michigan

Industry: Automotive

How General Motors is investing in AI: General Motors is a global automotive company that employs more than 90,000 people and says it’s committed to an all-electric future. The company utilizes AI-driven predictive analytics to optimize its manufacturing output and leverages geospatial algorithms to identify the best locations for its growing EV charging infrastructure.

 

Founded: 2012

Headquarters: Chicago, Illinois

Industry: Food and beverage, manufacturing

How Mondelez International is using AI: Mondelez International is one of the world’s largest snack companies, with names like Oreo, Milka and Toblerone under the umbrella of its brand portfolio. The company is applying AI for a variety of use cases such as enabling cost-effective marketing production and optimizing product recipes.

 

Founded: 1925

Headquarters: Irving, Texas

Industry: Artificial intelligence, industrial, IoT

How Caterpillar is investing in AI: Caterpillar is a manufacturer of construction and mining equipment, diesel engines and industrial turbines. The company launched an AI assistant designed to provide data insights that support equipment maintenance and management and inform jobsite decisions.

 

Founded: 1845

Headquarters: New York, New York

Industry: Insurance, financial services

How New York Life Insurance Company is Investing in AI: New York Life is the largest mutual life insurance company in the United States, providing insurance, investment and retirement solutions. The company has modernized its strategy and is using generative AI to innovate the client experience, aiming to significantly reduce customer call hold times and improve service consistency.

 

Founded: 1966

Headquarters: Purchase, New York

Industry: Fintech

How Mastercard is investing in AI: Mastercard is a global technology company working on payments solutions that connect consumers and businesses across more than 210 countries. The company has invested billions in AI to block fraud in real time and provide its customers with commerce insights.

 

Founded: 2015

Headquarters: Mountain View, California

Industry: Software, hardware, cloud

How Alphabet is investing in AI: As the parent company of Google, Alphabet is a globally recognized name in search, cloud computing and hardware solutions. It’s executing a massive infrastructure plan that could see the company invest as much as $185 billion to scale its Gemini models and AI-first services across its entire ecosystem.

 

Founded: 1886

Headquarters: Atlanta, Georgia

Industry: Food and beverage

How Coca-Cola is investing in AI: Coca-Cola is a global beverage company with a portfolio of iconic brands sold in over 200 countries. The company has been using AI for ad campaign development and partnered with Adobe to develop an AI-powered design system known as Fizzion to streamline creative content production.

 

Founded: 1916

Headquarters: Arlington, Virginia

Industry: Aerospace, defense, manufacturing

How Boeing is investing in AI: Boeing is one of the world’s largest aerospace and defense manufacturers, producing commercial airplanes and military technology. The company is investing in AI to enhance safety and manufacturing efficiency. For example, it’s implemented a photo-driven AI tool built by its engineers to simplify part validation on factory floors. 

 

Founded: 1962

Headquarters: Bentonville, Arkansas

Industry: Retail, e-commerce

How Walmart is investing in AI: Walmart operates a vast chain of stores that sell groceries and a variety of other consumer products ranging from clothing to electronics. The company has deployed AI-powered tools across its stores to help its associates with task management, real-time language translation and inventory accuracy.

 

Founded: 2004

Headquarters: Menlo Park, California

Industry: Social media, software

How Meta is investing in AI: Meta is the social technology company behind platforms like Facebook, Instagram and WhatsApp. It’s doubling down on AI infrastructure with an investment of up to $135 billion projected, largely to support Meta Superintelligence Labs, a specialized division focused on developing AI that rivals or exceeds human intelligence.

 

Founded: 1848

Headquarters: New York, New York

Industry: Pharmaceutical

How Pfizer is investing in AI: Pfizer is a biopharmaceutical company that discovers, develops and manufactures medicines and vaccines. By utilizing AI and machine learning in its research hubs, the company has reduced drug discovery timelines. It also launched Health Answers by Pfizer, a generative AI tool that responds to consumers’ health and wellness questions.  

 

Founded: 2004

Headquarters: Santa Clara, California

Industry: Artificial intelligence, software, productivity

How ServiceNow is investing in AI: ServiceNow helps organizations work faster and more efficiently through its AI-enabled workflow solutions. Its platform is designed to power business transformation, enabling companies to automate complex service tasks and manage enterprise-wide AI agents.

 

Founded: 1975

Headquarters: Redmond, Washington

Industry: Software

How Microsoft is investing in AI: Microsoft is a well-known fixture in consumer and business software and cloud solutions, and the tech giant earmarked billions in capital expenditures for AI data centers. It’s among the companies at the forefront of the agentic AI shift and launched enhancements to its AI-powered Copilot Mode browsing experience and standalone Copilot tool in fall 2025.

 

Founded: 1993

Headquarters: Santa Clara, California

Industry: Hardware, manufacturing

How Nvidia is investing in AI: Nvidia provides the hardware that powers modern artificial intelligence. The company’s specialized chips and software platforms serve as the essential infrastructure for many major AI developments, including autonomous driving experiences and humanoid robots.

 

Founded: 1994

Headquarters: Seattle, Washington

Industry: Software, cloud, e-commerce

How Amazon is investing in AI: Amazon is a multinational technology giant known for its e-commerce platform, cloud services and digital streaming capabilities. The company uses artificial intelligence to power everything from its personalized shopping recommendations to the autonomous robots and drones that streamline its global logistics network.

 



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