AI Companies Dominate the 2025 Unicorn List

Key takeaways

• Data from CB Insights reveals the world’s most valuable startups of 2025, all of which have solidified their unicorn status by surpassing a $1B valuation.
• Thinking Machines Lab is a San Francisco-based AI startup founded in February 2025 by Mira Murati (former CTO of OpenAI) that aims to build more understandable, customizable AI systems.
• Lovable, one of Sweden’s biggest startups, is a “vibe-coding” platform allowing users to build full-stack apps from simple natural-language prompts.