Top AI developers are continually enhancing their models, with each taking turns releasing state-of-the-art versions. Competition in this space is so intense that any major company could claim the top position.

The market will resolve in favor of the company whose AI model ranks first in the “Text Arena, Overall” category on the leaderboard at https://lmarena.ai/leaderboard/text as of 11:59 PM UTC on August 31, 2025. If multiple companies share first place, the market will resolve as YES for each of them.