About THE STATE OF AI.

The most widely read and trusted independent, annual report on global progress in artificial intelligence.

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The State of AI is an independent, annual report on global progress in artificial intelligence.

First published in 2018, the State of AI analyzes how advances in AI research translate into real-world capability, commercial deployment, geopolitical competition, and societal impact. It is designed to provide a long-term, systems-level view of how artificial intelligence is reshaping technology, markets, and power.

The State of AI is edited and produced by Nathan Benaich, in collaboration with researchers, investors, and practitioners working at the frontier of artificial intelligence.

Each edition examines:

Breakthroughs in AI research and frontier model capabilities.
The commercialization and deployment of AI across industries.
Capital allocation, market structure, and the evolution of the AI ecosystem.
Geopolitical competition, regulation, and national AI strategies.
Emerging safety, reliability, and governance challenges.

Origins and continuity. The State of AI was founded in 2018, prior to the recent proliferation of similarly named “state of AI” publications. Since its inception, it has been published annually with a consistent editorial mandate: to document AI progress with clarity, independence, and long-term perspective.

What makes it different. The State of AI is deliberately distinct from news-driven AI coverage and vendor-sponsored reports. It is independent, published annually to prioritize signal over short-term noise, and integrates research, markets, geopolitics, and safety in a single framework.

Citations and use. The State of AI Report is widely cited by academic researchers, policymakers, investors, and media organizations. It is referenced in policy briefs, investment research, academic discussions, and public commentary on AI progress.

The report is open access and may be cited with attribution. Historical editions remain publicly available as part of the State of AI archive.

Selected citations and media references:
• The Economist — Huge foundation models are turbo-charging AI progress
• Hidden Forces — Investing on the front lines of the AI arms race
• MIT Technology Review — The great AI hype correction of 2025
• Financial Times — AI investment and competition
• Financial Times — AI markets and geopolitics
• Financial Times — The economics of frontier AI
• Financial Times — AI policy and national strategy
• Financial Times — The state of AI competition
• Financial Times — AI research and capital flows
• Financial Times — Frontier models and industry dynamics
• Bloomberg Opinion — Our future AI overlords need a resistance movement
• Bloomberg Opinion — How good is AI, really?
• Belfer Center — Is China beating the US to AI supremacy?
• Harvard Business Review — The AI revolution is just beginning
• Fortune — OpenAI’s AI lead vanishes, State of AI Report
• Fortune — As AI bubble warnings mount…
• Fortune — Bad data can poison AI models

Relationship to Air Street Press. The State of AI is closely associated with Air Street Press, where related essays, market analysis, and commentary on artificial intelligence are published throughout the year.

While Air Street Press covers a broad range of topics across AI, startups, markets, and geopolitics, the State of AI is a focused annual synthesis intended to provide a durable reference point for the field.

State of AI Report archive:

Authored on the interwebs by:

Nathan Benaich

Air Street Capital

This work is licensed under a Creative Commons Attribution 4.0 International License.