December 29, 2023 | Read Online

All GenAI Unicorns in one place – dive in!

2023 Recap: Navigating the Landscape of GenAI Unicorns and Their Disruptive Trajectories

In 2023, 'Generative AI' (GenAI) became a ubiquitous term, captivating many with the companies pioneering in this field. Several of these companies achieved unimaginable valuations almost instantly, some with minimal products or revenue. These firms quickly became known as GenAI unicorns.

We've covered 11 of these unicorns so far, and it's been quite a stormy ride for some. The profiles we provide are invaluable for various audiences: VC funds can access consolidated financial information and trends; machine learning practitioners can learn about the underlying research; and the general public can gain insights into the individuals driving GenAI innovation and their motivations. If you're a paid subscriber, dive right in →

If not, consider subscribing with our super attractive offer: full access to the Unicorn collection, plus a year of new articles delivered straight to your inbox. The next Unicorn Chronicle, arriving in January, will be about Mistral! Don't miss it. Upgrade now.

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OpenAI Chronicle: What Drives ChatGPT Creators

What is Sam Altman's vision, how OpenAI makes money, what caused ChatGPT success, and the urge for AI regulations

www.turingpost.com/p/openaichronicle

Anthropic Chronicle: Unveiling the Secrets of OpenAI's Rival

What vision drives it, how is it connected to effective altruism, and what is so special about Claude?

www.turingpost.com/p/anthropic

Inflection AI: The Story of the Unforeseen and Secretive Unicorn with a $4 Billion Valuation

Discover what Reid Hoffman and Mustafa Suleyman, veterans of tech and AI, have been working on over the last year, along with their vision, mission, and thoughts about AI risks

www.turingpost.com/p/inflectionai

Democratizing AI: The Hugging Face Ethos of Accessible ML

The inside story of Hugging Face's journey from chatbot builders to ML evangelists

www.turingpost.com/p/huggingfacechronicle

Cohere AI Chronicle — Challenging Tech Giants With AI For All

Bringing Google-Quality AI to Everyone While Addressing Concerns About LLMs Biases

www.turingpost.com/p/coherechronicle

Lightricks: The Oldest Generative AI Unicorn

How to leverage AI for creator economy

www.turingpost.com/p/lightricks-chronicle

Runway Chronicles: Melding Art and AI in a Transient Tech Terrain

Watch Runway's evolution, learn tech behind Stable Diffusion, as well as legal challenges, financials, and company's mission to democratize generative AI

www.turingpost.com/p/runway

Jasper AI: A Dilemma of a Thin Wrapper

GPT's Blessing and Curse on The Unicorn Turned Underdog

www.turingpost.com/p/jasperai

Replit: How to Compete Tech Giants by Democratizing AI in Coding

Embracing an Egalitarian Approach to Compete with GitHub CoPilot, Amazon's Code Whisperer, Salesforce's CodeGen, and More in a Rapidly Evolving, Yet Complex Coding Environment

www.turingpost.com/p/replit