Madrona Announces 2026 Intelligent Applications 40 as AI Market Shifts to Enterprise ROI; Cites Cursor $60B, Wiz $32B, OpenRouter ~$7B, Hugging Face $12.9B

Madrona released its 6th annual Intelligent Applications 40 list highlighting a shift from AI experimentation to enterprise-ready products that deliver measurable ROI, noting recent big acquisitions (SpaceX–Cursor $60B, Google–Wiz $32B, OpenRouter ~$7B, Nvidia–HuggingFace $12.9B). The list emphasizes value creation in harnesses and aggregation layers—agentic systems, routing, hosting, and inference services—rather than models alone.

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