34 Companies Joined the Unicorn Board in June — 10 Were AI Labs Worth $65B, Led by DeepSeek at $50B

Crunchbase News·medium signal

Crunchbase's June tally added $110B+ in new unicorn value across 34 companies, with 10 frontier AI labs accounting for $65B of it. DeepSeek alone is $50B; the remaining nine — Flourish ($2.5B), PhysicsX ($2.4B), General Intuition ($2.3B), Generalist AI ($2B), Bulage ($2B), Odyssey ($1.5B), Sarvam AI ($1.5B), Mirendil ($1B), Vast ($1B) — split $15B. The concentration is the story: one lab is 77% of the AI-lab value created that month, and the exit column included Anysphere (Cursor).