How Forbes Identifies The Most Promising AI Companies In The World

The Forbes AI 50 showcases startups developing the most promising business applications of artificial intelligence — companies with compelling visions and the resources and technical wherewithal to achieve them.

In its past iterations, AI 50 has been limited to companies in North America. This year, with AI shaping boardroom conversations around the world, we expanded eligibility to all privately-held companies globally. As a result, Forbes received a record 796 submissions for 2023, nearly double last year’s tally. Startups such as London-based Synthesia, Tokyo-based RevComm and Tel Aviv-based ImagenAI are all making their AI 50 debuts this year.

The top 100 finalists are vetted by a group of expert AI judges with pedigrees at leading public companies or research institutions (listed below) who review more qualitative considerations like technical potential and strength of talent. Then the top 60 among them are passed on to a group of AI investors with expertise in the startup ecosystem. They review the candidates, providing insider feedback based on business performance and competitive landscape (Judges who directly invested in a finalist are recused from evaluating that company).

Forbes editors then compiled the top 50 most compelling companies into the final AI 50, which is ordered alphabetically, and not ranked.

Today’s guest and AI 50 judge is R. David Edelman who is a technologist, investor and former policymaker. He has been a global growth and public strategy lead for various startups; a venture capital investor in deep tech companies; and a special assistant to President Barack Obama on issues of the digital economy and national security. In that role, he coauthored the federal government’s foundational AI strategy.

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