// SECTOR DOSSIER
generative ai Unicorns
Every generative ai unicorn we track — 28 private companies valued $1B or more, tiered by paper valuation. Combined balance sheet myth: $1,435B.
TIER 1 // APEX TARGETS
The Hectacorns $100B+ · 2
TIER 2 // PRIORITY TARGETS
The Decacorns $10B – $99B · 5
TIER 3 // STANDING HORDE
The Unicorn Herd $1B – $9.9B · 21
- Sierra$4.5BUNITED STATES
- Moonshot AI$3.3BCHINA
- Zhipu AI$3BCHINA
- Poolside$3BUNITED STATES
- Runway$3BUNITED STATES
- Baichuan AI$2.8BCHINA
- Suno$2.5BUNITED STATES
- MiniMax$2.5BCHINA
- Writer$1.9BUNITED STATES
- Hippocratic AI$1.6BUNITED STATES
- Magic$1.6BUNITED STATES
- Cresta$1.6BUNITED STATES
- Decagon$1.5BUNITED STATES
- Articul8$1.5BUNITED STATES
- Pika$1.5BUNITED STATES
- Codeium$1.3BUNITED STATES
- 01.AI$1BCHINA
- Typeface$1BUNITED STATES
- Picsart$1BUNITED STATES
- Imbue$1BUNITED STATES
- Adept$1BUNITED STATES