Article
December 1, 2025
Artificial intelligence has dominated the private markets in 2025, driving record valuations and reshaping entire industries. Among the most valuable companies listed on Forge Global, three AI pioneers — OpenAI, Anthropic and xAI — now stand alongside SpaceX and Bytedance in the top five, according to Forge Data. All three are listed as one of Forge’s Private Magnificent 7 companies, noted for their strong innovation and potential growth in the private market.
