A new wave of startups, dubbed "soonicorns," is stealing the spotlight in the AI space, with valuations between $600 million and $800 million. Positioned on the brink of unicorn status, these AI soonicorns are the next big bets for investors, offering high growth potential and market disruption. In 2024 alone, 126 AI unicorns have emerged, fueling a gold rush in the AI sector as investors race to back the next tech giants.
What’s driving this frenzy? AI investment is skyrocketing, with projections suggesting it could hit up to 4% of GDP in the U.S. and 2.5% in AI-leading nations. The soonicorns are capitalizing on this influx of capital, proving their product-market fit and scaling sales at unprecedented rates. These companies are spread across diverse sectors—healthcare, finance, t
10 AI Soonicorns on the Verge of Becoming the Next Billion-Dollar Giants
- By Anshika Mathews
- Published on
The soonicorns are capitalizing on this influx of capital, proving their product-market fit and scaling sales at unprecedented rates.
