The WTR AI Private Pools Index climbed another 14.8% M/M through May 11, pushing total tracked private AI market value to $2.20 trillion across 38 active constituents. 🔹 Anthropic drove the move higher, adding +$276.8B in value to reach a ~$900.5B valuation, while OpenAI remained the second-largest constituent at ~$839.0B 🔹 The index is now up 64.1% YTD, underscoring continued investor appetite for AI infrastructure, foundation models, and enterprise AI platforms 🔹 Harvey, Figure AI, and ElevenLabs were among the largest monthly gainers, while Cursor saw pressure amidst competition from Anthropic’s Claude Code and other AI coding tools Read James Kisner, CFA's full report for more detail on private AI valuation trends, index composition, top movers, and secondary market activity shaping the AI ecosystem. #AI# #ArtificialIntelligence# #PrivateMarkets# #Anthropic# #OpenAI# #GenerativeAI# #MachineLearning# #Technology# #Investing# #WaterTowerResearch#