ITER has been working on one implementation of magnetic confinement. It's an international effort, bringing to the battle the advantages of scale and disadvantages of multilateral bureaucracy.
Since ITER was formed in 2007 [1], the bleeding edge has advanced beyond Tokomaks. Advanced computational methods birthed the Wendelstein 7-X [2]. Improved superconducting magnets are compacting designs, reducing costs--and thus accessibility to start-ups--through mass reduction.
It's almost likely a start-up beats ITER. And that's fine! I don't know if any of these designs would be where they are if ITER hadn't been funded.