New Delhi, May 9 -- Companies that are using artificial intelligence (AI) in a focused and business-driven manner are seeing significant financial gains, with some reporting an average EBITDA uplift of 20 per cent, according to senior leaders at McKinsey.

In a recent episode of The McKinsey Podcast, McKinsey Senior Partners Kate Smaje and Rob Levin said the companies successfully scaling AI are not necessarily the ones with the biggest ambitions, but those building the right organisational capabilities to turn AI ideas into business value.

Speaking about the findings from McKinsey's updated "Rewired" framework, Smaje said, "Those 20 companies have an average EBITDA uplift of 20 per cent." She added, "For every dollar that they are spend...