Global AI Models and Platforms Market Soars with Rapid Growth

Gartner forecasts worldwide end-user spending on AI models and platforms to reach $64 billion in 2026, driven by a significant surge in generative AI and specialized models.

The top 3

  1. Highest Valued AI Innovators in 2024: OpenAI leads with a $157 billion valuation, followed by Databricks at $43 billion (or $62 billion after a 2024 funding round) and Anthropic at $40 billion, marking them as the top-valued AI innovators in 2024.
  2. Leading Cloud AI Platform Providers by Market Share: Amazon (AWS), Microsoft (Azure), and Google (GCP) dominate the cloud AI platform market; in Q4 2024, their worldwide market shares were 30%, 21%, and 12% respectively. Microsoft also held an estimated 39% market share in the foundation models and platforms sector in 2024.
  3. Companies with Most Breakthrough AI Research: OpenAI (with GPT models), Google (with Gemini), and Anthropic (with Claude) are consistently recognized for driving significant advancements and releasing frontier AI models.

Sources

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