Our AI Index products

We are the creator of the two main AI indexes, expressing the growth of public and private AI companies.

The Dow Jones Industrial Average (DJIA) is a stock market index that shows how 30 large, publicly owned companies based in the United States have traded during a standard trading session in the stock market. It is one of the most important financial indicators worldwide. Consequently, and given the rise of Artificial Intelligence, we have introduced the AI-42X INDEX for publicly traded companies and AI-42 INDEX for Private Companies. The AI-42X INDEX is a alpha weighted market index based on the market opportunities of the 42 greatest Artificial Intelligence opportunities public companies, while the AI-42 INDEX is the same but for private companies and is capitalisation weighted.

Selection Approach of the Index Companies

A proprietary automated reseach cluster is continuously screening the world wide Artificial Intelligence universe mining multiple data sources. Out of this database, the 42 most influencial companies are being selected by the Scientific Board and Strategic Board by assessing the disruptive and strategic potential of the underlying AI technology, perceived risk and expected returns on the basis of a weighting of several characteristics of the prospective company.

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    Our Indices are being licensed by ETF and index certificate issuers to launch successful investment products in the AI space.

    AI-42X INDEX

    The AI-42X INDEX consists of the 42 greatest public companies in the field of Artificial Intelligence.

    The weighting is determined by our proprietary formula based on analytics and our expert rankings. The index was constructed as of January 1st 2017 and is rebalanced quarterly. Out of our global artificial intelligence companies list, the most influential companies are being selected by our Scientific Board and Strategic Board by assessing the disruptive and strategic potential, the underlying AI technology, perceived risk and expected returns on the basis of a weighting of several characteristics of the prospective company.

    The 42 AI-42X INDEX Constitutients

    Symbol
    Name
    Sector
    Industry
    Weighting
    AYX
    Alteryx, Inc.
    Technology
    Computer Software: Prepackaged Software
    undisclosed
    BOX
    Box, Inc.
    Technology
    Computer Software: Prepackaged Software
    undisclosed
    NOW
    ServiceNow, Inc.
    Technology
    Computer Software: Prepackaged Software
    undisclosed
    SPLK
    Splunk Inc.
    Technology
    Computer Software: Prepackaged Software
    undisclosed
    TWLO
    Twilio Inc.
    Technology
    Computer Software: Prepackaged Software
    undisclosed
    KFRC
    Kforce, Inc.
    Technology
    Professional Services
    undisclosed
    WDAY
    Workday, Inc.
    Technology
    EDP Services
    undisclosed
    FTNT
    Fortinet, Inc.
    Technology
    Computer peripheral equipment
    undisclosed
    PANW
    Palo Alto Networks, Inc.
    Technology
    Computer peripheral equipment
    undisclosed
    AIPT
    Precision Therapeutics Inc.
    Health Care
    Industrial Specialties
    undisclosed

    Showing 1 to 10 of 42 entries

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  • AI-42 INDEX

    The AI-42 INDEX consists of the 42 greatest private companies in the field of Artificial Intelligence.

    The Index value is calculated based on a proprietary formula developed and compiled by 42.CX to track and measure movement in the valuation levels of VC-backed private growth companies. The Index was originally set to a base of 1,000.00 at its initiation on January 1, 2015. The AI-42 INDEX is based on data obtained from secondary transactions executed on multiple secondary market platforms, publicly disclosed primary funding rounds, valuation marks from publicly reporting institutional holders, SEC filings and social media- , news- and market environment data. The AI-42 Index is using a capitalisation weighted approach. Current capitalisation determination of the index companies is calculated in real time.

    The 42 AI-42 INDEX Constitutients

    Symbol
    Name
    Sector
    Growthstage
    Ranking
    .PE
    CrowdStrike
    CYBERSECURITY
    late growth
    undisclosed
    .PE
    Face++
    COMMUNICATION
    late growth
    undisclosed
    .PE
    Affirm
    FINTECH
    late growth
    undisclosed
    .PE
    InsideSales_com
    SALES/MARKETING
    late growth
    undisclosed
    .PE
    Darktrace
    DEFENSE/SECURITY
    late growth
    undisclosed
    .PE
    C3 IoT
    SOFTWARE DEVELOPMENT
    late growth
    undisclosed
    .PE
    Mobvoi
    COMMUNICATION
    late growth
    undisclosed
    .PE
    Cybereason
    DEFENSE/SECURITY
    late growth
    undisclosed
    .PE
    SoundHound
    NEWS AND MEDIA
    late growth
    undisclosed
    .PE
    Brain Corp
    ROBOTICS
    late growth
    undisclosed

    Showing 1 to 10 of 42 entries

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  • AI-42 INDEX Maintenance

    Quarterly Review and Rebalancing

    The Publisher quarterly reviews the Index Constituents to ensure all companies meeting the eligibility requirements are included and continue to represent the A.I. growth asset class. This quarterly rebalancing can thus be expected to add and subtract Index Constituents from the Index. The reference date for all company-specific transaction and valuation data and other information utilized in the rebalancing process will be taken from the three months preceding the rebalancing date.

    Addition of New Companies to the Index

    Immediately prior to each rebalancing date, the Publisher reviews information regarding market environment changes, price developments, stock market changes, private technology company primary financings, secondary transactions, technology leadership, disruptive potential or publicly reported investors’ valuation marks. This review may reveal companies that now meet the Index’s eligibility requirements but that were not previously included in the Index. Companies qualifying in this manner could then be added to the Index. The inclusion of a new Index Constituent will be announced with the release of the subsequent Index publication.

    Removal of Companies From the Index

    During the quarterly rebalancing, the Publisher also reviews Index Data to determine whether any Index companies no longer meet the eligibility requirements, either due to corporate action or for other reasons. Such companies will then be removed from the Index. Removal of a company from the Index does require that the Publisher replace the deleted company by adding a new company to the Index. The number of Index companies stays at 42.

    Corporate Actions

    The Index will be updated as a result of corporate actions (e.g., acquisition, bankruptcy, divestiture, or initial public offering) that change the composition of the Index companies. If an Index company is removed during the quarterly rebalancing as a result of a corporate action, it will be replaced with the next ranked company. Each publication of the Index will include a “distribution” line item to ensure that addition or deletion of a company from the Index due to a corporate action does not disproportionately affect the existing weightings of the Index. Any new company will be incorporated in to the Index at the quarterly rebalancing with its capitalization value. When a company is removed from the Index, we will add the difference between its contribution to the Index and the value of the Index prior to the company’s removal to the distribution line. The sum total values of all Index companies will be added to the distribution line to determine the gross sum of the Index (numerator).

    Publishing Schedule

    The Publisher intends to publish the Index in realtime and will incorporate changes of the market environment, announcements, news, private growth company transactions or valuation marks that become known to the Publisher.

    Index Announcements and Dissemination

    The AI-42X INDEX and AI-42 INDEX are published on the 42.CX website and through various data providers. There, visitors can view the most recent Index development and request, information describing the Index’s construction and maintenance, and find important legal notices and disclaimers. Also available on the website is the most recent calculation of the Index. Information pertaining to the Index will also be disseminated from time to time via email to registered 42.CX members and through content partnerships and licensing arrangements with third parties.

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  • Competence in Artificial Intelligence

    Rigourous systematic.