Watch Desk posted an update
The world’s 100 most valuable private tech companies are now worth $4.6tn, up 56% in a year, according to PwC’s latest unicorn ranking. AI and AI-enabled companies account for 19 of the 46 new entrants.
Why it mattersPwC says those 19 added more than $1.9tn in value over the year. Its figures are a snapshot at the end of September, based on PitchBook data and companies’ most recent external funding rounds, not a live measure of what they might fetch today. The numbers capture the scale of the AI investment rush, but not whether those valuations will hold up against future earnings.
Discuss: How much of today’s AI boom is lasting business value, and how much is investors paying for the possibility of being right?
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