Morningstar Unveils PitchBook GenAI 20 Index To Track GenAI Firms From Private To Public Markets

New perpetual benchmark tracks the performance of pure-play private companies driving GenAI innovation across the corporate lifecycle.

Morningstar, Inc. (NASDAQ:MORN), a leading provider of independent investment insights, today announced the Morningstar PitchBook GenAI 20 Index. This first-of-its-kind benchmark is designed to deliver exposure to pure-play GenAI companies, tracking eligible names throughout their entire lifecycle as they transition from private markets through public listing.

As generative AI reshapes productivity, business models, and competitive dynamics across the global economy, many companies driving its most significant breakthroughs remain private and unrepresented in traditional market benchmarks. The Morningstar PitchBook GenAI 20 Index addresses this gap by providing targeted, rules-based exposure to the world's leading pure-play generative AI innovators.