A slice of AI: How much is it worth?

Several other AI-related companies, including Broadcom, Meta Platforms, Taiwan Semiconductor, Qualcomm, and Applied Materials, have experienced gains between 50% and 80% in the past year. About 30 global AI-related stocks are valued at over $100 billion now. ET has compiled a list of the top 20 companies related to AI, part of the Alliance Global Artificial Intelligence Fund, which have gained the most in the last one year. Many of these cutting-edgecompanies aren’t listed yet. Here’s a list of those with valuations based on their latest funding round.

LEADING GLOBAL AND INDIAN UNLISTED AI COMPANIES

OpenAI: The maker of ChatGPT, OpenAI, is the world’s largest AI company, with a valuation of $80 billion. Backed by technology major Microsoft and venture capital firm Y Combinator, OpenAI has raised a total of $11.3 billion in funding, with its last Series E round occurring on April 12

xAI: Elon Musk’s AI startup xAI, founded in March 2023, is the second most-valued AI startup globally with a valuation of $18 billion. The company’s last Series B funding round was backed by investors including Andreessen Horowitz and Sequoia Capital

ScaleAI: San Francisco headquartered Scale AI has attained a valuation of $13 billion. The startup recently raised $1 billion from investors such as , Meta, Nvidia, and Ama

Cohere: The Toronto-based enterprise-focused AI platform Cohere is valued at $5 billion after raising $450 million in a June funding round from investors, including Nvidia, Salesforce Ventures, and Cisco

Anthropic: Amazon-backed AI startup Anthropic has reached a valuation of $4 billion. In May, the tech giant invested $2.75 billion in the company

Stability AI: The generative AI startup Stability AI, known for its text-to-image model Stable Diffusion, now has a valuation of $4 billion. The cashstrapped company recently raised $80 million, according to reports

Perplexity AI: The AI-powered research and conversational search engine startup Perplexity AI has reached a valuation of $3 billion. According to multiple reports, Japanese technology investor SoftBank Group is investing between $10 million and $20 million in the startup

Adept AI: The San Francisco-based startup building AIpowered agents to automate various software-based tasks has a valuation of $1 billion. In March, the company announced it had raised $350 million in a Series B round, bringing the total funds raised to around $400 million

Krutrim AI: Mobility major Ola’s cofounder Bhavish Aggarwal’s Krutrim AI became the fi rst homegrown AI startup to achieve unicorn status after raising $50 million at a valuation of $1 billion from Matrix Partners India

Sarvam AI: Chennai-based startup SarvamAI, which is developing GenAI models, has a valuation of $110 million after $41 million from LightSpeed, Peak XV, and Khosla Ventures

Agencies