There are 50+ Web2 AI startups already hitting $5M+ ARR status — some of the top ones: Midjourney $300M, Cursor $200M, Cleo $150M, Runway $121M, Harvey $75M

In Web3 AI, there are only a handful of projects that has generated substantial revenue

- @AethirCloud — $141M

- @grass — $20M - $80M

- @virtuals_io — $58M

- @akashnet_ — ~$5M

With DeAI & Onchain AI adoption heating up among builders and users, will more Web3 AI projects cross the $5M line soon?

I'd say highly likely

(Credit to New Economies Newsletter for the figures on the Web2 AI startups side)