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ast year marked artificial intelligences breakthrough into the mainstream. With a new wave of startups on the rise at Silicon Valleys frontier, Forbes is opening nominations for our AI 50 list to determine who is leading the way.

Since 2019, Forbes has published an annual edition of the AI 50 to honor the most promising startups whose businesses are centered around artificial intelligence. Now in its sixth year, the list is open to companies based anywhere that are held privately and more than 50% independent. As AI has long been deployed as a buzzword for marketing purposes now more so than ever we publish the AI 50 to cut through the noise and determine the top startups truly applying AI to solve business problems across various industries.

Nominations for the 2024 list are now open through Monday, February 5, 2024 at the following link:

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Forbes produces the AI 50 in partnership with Sequoia Capital and Meritech Capital. The selection process evaluates applicants using both quantitative and qualitative information including revenue, business growth and valuation. Two panels of independent judges one with academic or professional expertise in AI, and the other with long-standing investing experience in the field scrutinize the strongest applicants on criteria including business promise and innovative use of AI. There is no fee for entry.

As specified in the application form, companies have the option to mark certain financial data as confidential, meaning they will be used for list-making purposes only and will not be published publicly. Non-disclosure of data will not negatively impact a companys application, though disclosing the information may boost its candidacy and help it stand out among peers.

The final list is unranked and historically includes a mix of early-stage and growth-stage startups. For a detailed explanation of the methodology, click here.

In addition to inclusion on the list, companies who make the AI 50 are highlighted with in-depth coverage, including list trends, video content and profiles. Past standouts include Databricks, Hugging Face, Scale AI and Writer.

Nominate your startup through the application form Monday, February 5, 2024 to be considered for our sixth annual AI 50 list.

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AI 50 2024: Submissions For Forbes' List Of The Most Promising Artificial Intelligence Startups Are Open - Forbes