Valuation

AI unicorns: companies valued at $1B or more

AI companies valued at $1B or more that raised this year, ranked by latest reported valuation.

1
SpaceXAI

SpaceXAI is an artificial intelligence company that develops frontier AI models for reasoning, code, voice, images, and video, with its core product being the AI chatbot Grok.

$230B
2
Ant International

Ant International is the global arm of Ant Group, focused on expanding its digital payment and financial technology services worldwide.

$110B
3
Cognition AI

Building Devin, the first autonomous software engineer, to act as an exponential collaborator for human engineers.

$48B
4
Prometheus

AI startup led by Jeff Bezos.

$41B
5
Prometheus

Jeff Bezos-backed AI startup building physical AI systems for engineering and manufacturing, and providing an AI-driven investment platform.

$38B
6
Etched

Etched is building the hardware for superintelligence by burning the transformer architecture into their chips.

$21B
7
Mistral AI

Mistral AI develops and deploys frontier AI models, assistants, and agents, providing organizations with tailored AI systems.

$20B
8
Mercor

Mercor uses AI to understand human ability and match talent with the opportunities they're best suited for.

$20B
9
Helsing

Helsing is a European defense AI company building software and autonomous systems to process sensor data, automate battlefield decision-making, and enhance military capabilities.

$18B
10
Modal Labs

AI-powered platform for building and deploying custom AI agents.

$15.8B
11
Harvey AI

AI-powered legal assistant for law firms, enhancing legal work and client service.

$15.5B
12
Fireworks AI

High-performance AI inference platform built by former Meta PyTorch engineers.

$15B
13
ClickHouse Cloud

Fully managed ClickHouse service for real-time analytics on AWS, GCP, and Azure.

$15B
14
Lovable

Lovable is an AI-powered platform that allows users to build full-stack applications and websites from natural language prompts, democratizing software creation.

$13.3B
15
Castelion

Defense startup mass-producing affordable hypersonic missile systems for the U.S. military, founded by ex-SpaceX engineers.

$13B
16
Thinking Machines Lab Inc.

Frontier AI lab building multimodal AI systems with customizable, collaborative capabilities for enterprise applications, focusing on human-AI collaboration and personalized AI.

$12B
17
Physical Intelligence

General intelligence for robots, a brain that can power any robot for any application using multimodal learning.

$11B
18
ElevenLabs

ElevenLabs is an AI research and product company providing advanced generative AI for audio, including text-to-speech, voice cloning, and AI music generation.

$11B
19
Supabase

Open source Firebase alternative with a PostgreSQL backend and real-time capabilities.

$10.5B
20
Instinct

Instinct is an invite-only personal AI agent that helps users manage everyday tasks through text or phone calls.

$10B
21
Alipay+

A unified digital payment gateway connecting consumers, merchants, and financial institutions globally, enabling seamless cross-border payments through QR code scanning and other digital solutions.

$10B
22
Moonshot AI

A Chinese AI company developing the Kimi chatbot and a series of large language models for various applications, including coding, knowledge work, and deep reasoning.

$10B
23
Saronic Technologies

Developing autonomous vessels for defense and commercial sectors.

$9.3B
24
Legora

AI-powered collaborative workspace for exceptional lawyers to streamline legal tasks.

$8.8B
25
Lila Sciences

AI-driven lab automation for biological research and discovery at scale.

$8.5B
26
Together AI

Together AI offers an AI-native cloud platform providing high-performance inference APIs, GPU clusters, and fine-tuning capabilities for open-source AI models.

$8.3B
27
Hadrian

AI-powered defense manufacturing platform for rapid prototyping and production.

$7.9B
28
Fluidstack

Software that automates the provisioning of graphics card clusters for AI and machine learning workloads.

$7.5B
29
TypeSafe AI

TypeSafe AI is a frontier model lab building machine-native intelligence infrastructure for automation, designed to make decisions within software.

$7.5B
30
TypeSafe AI

Fast, structured decisions with probabilities for software teams.

$7.5B
31
Fractile

UK-based AI chip startup developing specialized inference hardware to accelerate AI models.

$6.5B
32
Island

Island builds the Enterprise Browser, a Chromium-based browser purpose-built for enterprises with built-in security controls, data governance, and act

$6.4B
33
Valar Atomics

Nuclear energy startup developing small, high-temperature reactors for AI data centers and industrial applications.

$6B
34
Hark

Personalized AI with hardware, software, and intuitive interfaces for human-machine interaction

$6B
35
Suno

Suno is an AI music generation platform that empowers anyone to create songs from imagination, breaking barriers between users and their musical dreams.

$5.4B
36
Apptronik

Humanoid robot startup building robots for tasks like unloading trailers and picking warehouse inventory.

$5.3B
37
Ineffable Intelligence

AI research lab building a superlearner capable of discovering all knowledge and skills autonomously.

$5.1B
38
Baseten

AI inference platform for deploying models in production with high performance and availability.

$5B
39
Wonderful

Wonderful is an applied AI partner that helps critical organizations accelerate AI adoption by combining a multi-model AI platform with local deployment teams.

$5B
40
Positron AI,

Develops energy-efficient AI inference hardware and custom silicon chips to compete with Nvidia.

$5B
41
Positron

AI chipmaker focused on energy-efficient hardware as an alternative to Nvidia.

$5B
42
Sierra

Sierra builds AI agents that help leading brands deliver better customer experiences by increasing customer lifetime value and personalizing interactions across multiple channels.

$4.5B
43
Decagon

AI-powered customer support platform that uses autonomous AI agents to resolve complex customer inquiries.

$4.5B
44
Decagon AI

AI concierge platform for customer interactions.

$4.5B
45
Nexthop AI

Nexthop AI builds customized, high-efficiency networking hardware and software solutions for hyperscale cloud infrastructure providers.

$4.2B
46
Manus AI

The general AI agent that turns your thoughts into actions, automating workflows and delivering tangible results.

$4B
47
Ricursive Intelligence

AI tools that design chips.

$4B
48
Chai Discovery

AI-powered drug discovery platform using foundation models for molecular design.

$3.8B
49
Isomorphic Labs

AI-driven drug discovery spinoff from DeepMind using AlphaFold to discover novel medicines.

$3.5B
50
Advanced Machine Intelligence (AMI Labs)

Building foundational world models for AI systems that understand and interact with the physical world

$3.5B

Updated October 28, 2026.

Methodology

How this ranking works

AI companies founded in 2020 or later with a reported valuation of $1B or more and a funding round announced this calendar year, ranked by that valuation. Valuations are as reported in round announcements and press coverage, and the board updates as new rounds are reported.