China's AI Open Source model - DeepSeek R1 has shaken the tech and geopolitical world. It has ramifications in many areas. We have analyzed every aspect of its impact.
Trump has promised a new America. But the way he is approaching the world, he may up creating a new world order. His actions and words on Greenland need to be properly understood. Its a change in tactics but not a change in direction.
Over 400 million people are congregating in one city looking to find the truth about eternal and immortal life. They are seeking liberation. The greatest spectacle in human history is underway!
As of end of May, 197 privately held companies were valued at $1 bn and above with a combined net worth of $697 bn. These companies have raised $142 bn until now.
Other (includes, among others, Ed Tech, Aerospace and Augmented Reality / Virtual Reality)
What is a Unicorn? A Unicorn is a startup company which has a valuation of over $1 billion. To describe how rare such enterprises are, Venture Capitalist Aileen Lee had used this term in one of her articles. By the same token, decacorn are companies over $10 billion and hectocorn are companies valued over $100 bn.
Of these the top three sectors are: e-commerce / marketplace (17%), internet software & services (14%) and fintech (11%) which contribute to the top unicorns! The top guns in these three sectors are:
The most valuable company in the e-commerce/marketplace category is Airbnb ($29B), while Infor and Dropbox are the two most valuable companies operating in internet software & services, worth $10B and $9.4B, respectively. China’s Lu.com ($18.5B) is the most valuable private fintech company, followed by Stripe ($9.2B).
The top 5 Unicorns by their valuation are:
Uber ($68 billion)
Didi Chuxing ($50 billion)
Xiaomi ($46 billion)
Airbnb ($29 billion)
Palantir Technologies ($20 billion)
The countries where these companies are located are: USA (54%), China (23%), India (4%), the UK (4%), Germany (2%) and South Korea (2%). No other country has three or more private companies with a $1 bn valuation. One can say that the top four countries to set up a start-up are US, China, India and the UK.
Which of these companies will become the next Google or Microsoft is to be seen, but the future of the world is being defined today by these players!
