The AI boom has created a record-breaking wave of new billionaires and high company valuations in the past year at a rate unprecedented in history, according to CNBC.
CB Insights reports there are now 498 AI “unicorns” (private companies worth at least $1 billion) with a combined value of $2.7 trillion — and 100 of them were founded after 2023. In total, more than 1,300 AI startups have been valued at $100 million or more.
Large rounds of capital for companies like Anthropic, OpenAI, Anysphere and Safe Superintelligence have created new paper fortunes, with several founders now multi-billionaires, at least on paper.
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