The majority of companies on the 12th annual CNBC Disruptor 50 list describe AI as"critical" to their business.
Venture capital flooded into AI over the past year, but it's investments by public giants including Microsoft, Amazon and Alphabet into AI startups like OpenAI and Anthropic that stand out most.claim that artificial intelligence is"critical" to their businesses. These include companies in industries ranging from cybersecurity to agriculture. Thirteen of the 2024 Disruptors call themselves"generative AI companies," including five of the top ten on this year's list.
The venture capital community also has been investing heavy amounts of cash in any startup that can claim it's part of the AI revolution. More than $90 billion flowed to AI startups in 2023, according to PitchBook. Among the Disruptors, 17 have raised new funds in the past year. That includes 8 of the 13 generative AI startups, which raised a total of at least $5.5 billion combined.
Quantitative metrics included company-submitted data on workforce size and diversity, scalability, and sales and user growth. Some of this information has been kept off the record and was used for scoring purposes only. CNBC also brought in data from a pair of outside partners — PitchBook, which provided data on fundraising, implied valuations and investor quality; and, whose database of industry reports we use to compare the companies based on the industries they are attempting to disrupt.
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