Generative AI (GenAI) is no longer just a buzzword - it’s reshaping how businesses operate. Yet private companies are still playing catch-up. According to Grant Thornton’s survey of over 550 global business leaders, only 57% of private companies have adopted GenAI, compared with 80% of public companies. This gap puts private firms at a disadvantage as competitors leverage AI to enhance customer experiences, streamline operations, and generate new revenue streams.