Highest valued AI unicorn companies in China 2022
As of July 2022, the highest valued Chinese unicorn company in the field of artificial intelligence was ByteDance with a market valuation of 140 billion U.S. dollars. A unicorn company is a privately owned startup that has a market valuation of one billion U.S. dollars or more. Once a company has gone public (IPO) or has been acquired it is no longer termed a unicorn.