Nearly every GP is now experimenting with AI, but almost none feel they're doing it well. The launch of Chat GPT three-and-a-half years ago was the moment when artificial intelligence first burst out of the developer's lab and into the mainstream consciousness. Since then, for better or worse, the technology has gone from a relative unknown to near ubiquity.

PE firms have been quick to seize the apparent opportunity, too – not just as an investment theme, but crucially as a chance to overhaul their own operations and decision-making.