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AI crushes startup valuations for pre-ChatGPT companies

This article was published on June 1, 2026 More than 220 former unicorns have lost their billion-dollar status as venture capital concentrates in a handful of AI giants, leaving pre-2023 startups stranded between inflated valuations and a market that has moved on TL;DRMore than 220 former unicorns have lost their billion-dollar valuations as the AI boom redirects venture capital toward a handful of companies. PitchBook data shows startups that last raised in 2021 are worth 68% less on average, with SaaS firms the largest casualty class. More than 220 former unicorns have lost their billion-dollar valuations as the AI boom redirects venture capital toward a handful of companies. PitchBook data shows startups that last raised in 2021 are worth 68% less on average, with SaaS firms the largest casualty class. The AI boom has created a two-speed startup economy. Companies building on generative AI are raising at historically unprecedented valuations, while startups that last raised capital before ChatGPT launched in November 2022 are watching their worth collapse. According to PitchBook valuation estimates, more than 220 companies that once held billion-dollar valuations have now fallen

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Jun 18, 2026
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Jun 1, 2026 → Jun 18, 2026

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Jun 18, 2026·ZDNetT2 · Outlet report
I'm excited about ChatGPT's memory upgrade - but I'm quickly seeing a downside - ZDNET

Our gifting experts are obsessively searching for holiday gifts that are unique, thoughtful and suitable for any budget. OpenAI says ChatGPT's memory is getting better. But my tests reveal outdated assumptions, personal profiling, and…

Read original at ZDNet →
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Jun 18, 2026·ZDNetT2 · Outlet reportLATEST
I'm excited about ChatGPT's memory upgrade - but I'm quickly seeing a downside - ZDNET

Our gifting experts are obsessively searching for holiday gifts that are unique, thoughtful and suitable for any budget. OpenAI says ChatGPT's memory is getting better. But my tests reveal outdated assumptions, personal…

Read original at ZDNet →
Jun 17, 2026·EngadgetT2 · Outlet reportKEY MOMENT
ChatGPT now has a hub for scheduled tasks - Engadget

TIL you can schedule prompts in ChatGPT. Did you know you could schedule tasks in ChatGPT? I'll be honest, I never thought to ask OpenAI's chatbot to do something in the future, and it seems like a lot of you didn't…

Read original at Engadget →
Jun 1, 2026·The Next WebT2 · Outlet reportOPENING
AI crushes startup valuations for pre-ChatGPT companies

This article was published on June 1, 2026 More than 220 former unicorns have lost their billion-dollar status as venture capital concentrates in a handful of AI giants, leaving pre-2023 startups stranded between…

Read original at The Next Web →

Sources & evidence (3)

What this story stands on. Tier 0 is a primary record or the subject's own words; higher tiers must be attributed, never stated as bare fact.

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T2 · Outlet reportZDNetJun 18, 2026

Our gifting experts are obsessively searching for holiday gifts that are unique, thoughtful and suitable for any budget. OpenAI says ChatGPT's memory is getting better. But my tests reveal outdated assumptions, personal profiling, and…

View source →
T2 · Outlet reportEngadgetJun 17, 2026

TIL you can schedule prompts in ChatGPT. Did you know you could schedule tasks in ChatGPT? I'll be honest, I never thought to ask OpenAI's chatbot to do something in the future, and it seems like a lot of you didn't either, because the…

View source →
T2 · Outlet reportThe Next WebJun 1, 2026

This article was published on June 1, 2026 More than 220 former unicorns have lost their billion-dollar status as venture capital concentrates in a handful of AI giants, leaving pre-2023 startups stranded between inflated valuations and a…

View source →

Tier key: T0 = Primary source · T1 = Wire · T2 = Outlet report · T3 = Commentary

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