Story thread · 3 reports / 3 sources

Madrona’s annual IA40 list shows an AI industry splitting in two

geekwire.com · 13dShare

Madrona's sixth annual Intelligent Applications 40 names 45 private AI companies that have raised $410 billion combined, with Anthropic, OpenAI and Databricks accounting for 92% of that total. Rising round sizes forced the firm to raise its own funding thresholds for what counts as an early-stage company. Read More

First report: Madrona Announces the 2026 Intelligent Applications 40, Recognizing the World’s Leading Private AI Companies — financialpost.com, 14d