Video / Short
AI Isn't Coming for Business - It's Already Here
Pete Cooper makes a quick case that AI is no longer an emerging story in business but the dominant one, using company valuations to make the point. He closes by spelling out what a unicorn actually is.
Video summary
In this 22-second segment, Pete Cooper says that of the top 30 companies worldwide, 60% of the valuation sits in AI companies. He gives OpenAI at $852 billion and Anthropic at $965 billion as his examples and notes that the list goes on. These figures are his own on-air numbers; they are not sourced on screen and are reported here as his claim rather than as verified valuations.
His conclusion follows directly from that: if you want to know what the unicorns are today, they are AI companies. He then defines the term for anyone who does not know it, as a company with more than a billion dollars in valuation.
Video transcript
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Good day. Of the top 30 companies worldwide, 60% of the valuation is in AI companies. Open AI is 852 billion, Anthropic 965 billion. The list goes on. AI is such a dominant player. If you want to know what the unicorns are today, they're AI companies. What is a unicorn? It's a company with more than a billion dollars in valuation.