Vannevar Labs Has raised $87 million, focuses on defense intelligence software space, founded in 2019, based in California, USA 06700 Forbes AI 50 (2024)
Cerebras Systems Valued at nearly $5 billion, focusing on AI chip technology, founded in California in 2015 06690 Forbes AI 50 (2024)
Mistral AI Valued at nearly €6 billion, focused on open-source AI modeling research, founded in 2023 and headquartered in France 06680 Forbes AI 50 (2024)Forbes AI 50 (2025)
ElevenLabs Valued at over $3.3 billion and founded in 2022, it focuses on the AI speech synthesis and cloning space, providing multilingual, emotional text-to-speech conversion and speech cloning solutions. 06660 Forbes AI 50 (2024)Forbes AI 50 (2025)# AI Voice
Owkin Valued at over $1 billion, focused on AI biotech and privacy computing, founded in 2016, based in New York City 06530 Forbes AI 50 (2024)
Midjourney Founded in 2021 and valued at nearly $10 billion, it focuses on enabling high-quality, artistically stylized text-to-image generation through generative artificial intelligence technology. 06430 Forbes AI 50 (2024)Forbes AI 50 (2025)# Image Generation
Pinecone Valued at $750 million, focused on database software, founded in 2019 and headquartered in New York, USA 06360 Forbes AI 50 (2024)
Leonardo.AI Currently raised $30.7 million, focused on image generation services, founded in 2022, company based in Sydney, Australia 06270 Forbes AI 50 (2024)# Image Generation
Insitro Valued at over $3 billion, focused on data-driven drug discovery and development, founded in 2018 and headquartered in the US 06210 Forbes AI 50 (2024)
Writer Valued at over $500 million, focused on AI content creation, founded in 2020 and based in California, USA 06090 Forbes AI 50 (2024)
AssemblyAI Valued at over $2 billion, focused on AI speech recognition, founded in 2017 in California, USA 06030 Forbes AI 50 (2024)
Tome Valued at $350 million, focused on AI-powered multimedia and software, founded in 2020, based in California, USA 05870 Forbes AI 50 (2024)
Cresta Valued at $1.6 billion, focused on AI call centers, founded in 2017 and headquartered in California, USA 05610 Forbes AI 50 (2024)
Cohere Valued at over $5 billion, focused on AI big model R&D, founded in 2019 and headquartered in Toronto, Canada 05590 Forbes AI 50 (2024)
Cleanlab Valued at over $100 million, focused on data center AI, founded in California in 2021 05490 Forbes AI 50 (2024)
Codeium Inc Valued at nearly $1.25 billion, focused on AI-powered programming aids, founded in 2021, based in California, USA 05390 Forbes AI 50 (2024)
Character.AI Valued at over $1 billion, focused on chatbot development, founded in California in 2021 05250 Forbes AI 50 (2024)
Cradle Valued at over $100 million, focused on AI to assist in designing and engineering proteins 2021, based in Delft, Netherlands 05180 Forbes AI 50 (2024)
Anthropic Valued at $61.5 billion, focused on AI big model development, founded in 2021 San Francisco-based AI research company 05030 Forbes AI 50 (2024)Forbes AI 50 (2025)
OpenAI Founded in 2015 and valued at $100 billion, it is focused on developing general artificial intelligence (AGI) to drive the adoption of generative AI technologies that are safe and widely beneficial to humanity. 04670 Forbes AI 50 (2024)Forbes AI 50 (2025)