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49 US startups have become unicorns so far in 2024: Here’s the full list


The list includes Elon Musk’s xAI, which is already valued at a staggering $24 billion, as well as a good number of other AI startups.

In total, the company has only raised $30 million from investors, including hedge fund Ash Park Capital and Aza Ventures, according to PitchBook. io.net — $1 billion: This cloud service, which puts GPUs from data centers and cryptocurrency miners into a decentralized network that can be used by AI models, was founded in 2019. The company has raised $339 million to date from investors, including Koch Disruptive Technologies, Temasek, AMD, Samsung Catalyst Fund and Porsche Automobil Holding.

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