Generative AI Index Launches by Morningstar

Morningstar Launches GenAI 20 Index Tracking Top AI Firms

• The PitchBook GenAI 20 Index tracks leading generative AI companies across private and public markets.
• Top companies in the index include Databricks, Anthropic, OpenAI, and xAI, with Databricks holding the highest weight at 21.4%.
• The top four firms account for nearly 78% of the index’s allocation.
• The index uses PitchBook’s private market data to maintain coverage from late-stage VC through public listing.
• This benchmark targets pure-play generative AI firms often absent from traditional indexes due to their private status.

The newly launched PitchBook GenAI 20 Index by Morningstar provides comprehensive tracking of key generative AI companies like Databricks and OpenAI, leveraging private market data for continuous coverage through different investment stages.