The #1 spot in the ranking is both more of a deal and less of a deal than it might appear. It's less of a deal in that HackerOne is an economic numbers game. There are countless programs you can sign up for, with varied difficulty levels and payouts. Most of them pay not a whole lot and don't attract top talent in the industry. Instead, they offer supplemental income to infosec-minded school-age kids in the developing world. So I wouldn't read this as "Xbow is the best bug hunter in the US". That's a bit of a marketing gimmick.
But this is also not a particularly meaningful objective. The problem is that there's a lot of low-hanging bugs that need squashing and it's hard to allocate sufficient resources to that. Top infosec talent doesn't want to do it (and there's not enough of it). Consulting companies can do it, but they inevitably end up stretching themselves too thin, so the coverage ends up being hit-and-miss. There's a huge market for tools that can find easy bugs cheaply and without too many false positives.
I personally don't doubt that LLMs and related techniques are well-tailored for this task, completely independent of whether they can outperform leading experts. But there are skeptics, so I think this is an important real-world result.
Below people are reading the tea leaves to get any clue.
AI can be remarkably effective at discovering a broad range of vulnerabilities—but the real challenge isn’t always detection, It’s precision. Automation has long struggled with false positives, and nowhere is this more evident than in vulnerability scanning. Tools that flag dozens of irrelevant issues often create more work than they save. When AI enters the equation, the stakes grow even higher: models can generalize well, but verifying technical edge cases is a different game entirely.
To ensure accuracy, we developed the concept of validators, automated peer reviewers that confirm each vulnerability XBOW uncovers. Sometimes this process leverages a large language model; in other cases, we build custom programmatic checks. For example, to validate Cross-Site Scripting findings, a headless browser visits the target site to verify that the JavaScript payload was truly executed. (don’t miss Brendan Dolan-Gavitt’s BlackHat presentation on AI agents for Offsec)