JAIJarsy AI Frontier Index
The benchmark for frontier AI companies developing large language models, AI infrastructure, and next-generation machine learning applications.
Current Value348.20
QoQ+11.4%
YTD+41.7%
Historical Performance
Performance Comparison
Percentage change since Q1 2023
Performance chart showing: JAI: +248.2% from 2023-Q1 to 2025-Q4.
Performance Metrics
Current Value348.20
Quarter-over-Quarter+11.4%
Year-to-Date+41.7%
Since Inception+248.2%
Index Constituents
8 companies| # | Company | Sector | Share Price | Valuation | Total Funding | Weight |
|---|---|---|---|---|---|---|
| 1 |  OpenAI | AI Research | $723.12 | $500.0B | $40.0B | 31.8% |
| 2 |  Anthropic | AI Research | $272.98 | $350.0B | $37.0B | 23.8% |
| 3 |  xAI | AI Research | $82.06 | $230.0B | $42.0B | 17.2% |
| 4 |  Databricks | Data & AI | $197.81 | $134.0B | $14.0B | 11.7% |
| 5 |  Scale AI | AI Infrastructure | $45.00 | $25.0B | $15.9B | 5.1% |
| 6 |  Perplexity | AI Search | $69.54 | $20.0B | $1.5B | 4.5% |
| 7 |  Mistral AI | AI Research | $28.00 | $14.0B | $3.0B | 3.1% |
| 8 |  Cohere | Enterprise AI | $15.00 | $7.0B | $1.5B | 2.9% |
Index Methodology
The benchmark for frontier AI companies developing large language models, AI infrastructure, and next-generation machine learning applications.
- Weighting
- Revenue-Multiple Tilt weighted (60% Market Cap, 40% AI Capability Score based on model sophistication and API usage).
- Eligibility
- Private AI companies with minimum $5B valuation, frontier model capabilities or critical AI infrastructure, and active secondary market trading.
- Rebalancing
- Quarterly