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Fortune

Allie Garfinkle

There are 372 AI unicorns right now, according to PitchBook. Here’s what that means

PitchBook CoreWeave United States Anduril Anthropic Canva Databricks Mistral OpenAI Scale AI

Sam Altman holds a microphone and speaks amid a bright multicolor backdrop. (Credit: Nathan Laine—Bloomberg/Getty Images)

Right now, in the tech industry paddock, there are 372 AI unicorns, according to PitchBook.

How did you react to that number? Did you double-take? Did you recoil slightly, finding it shockingly high? Far too low? Or did you shrug as if to say "that tracks"?

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