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AI is eating venture capital

AI is eating venture capital
Chart by 0100 Conferences (newsletter). Source: 0100conferences.substack.com

AI startups' annual share of global equity funding and US funding from 2022 to 2025 YTD. In 2025 YTD, AI startups captured 51% of global equity funding and 85% of US equity funding.

LabelValue shown on the chart
2025 YTD Global Equity Funding51%
2025 YTD US Equity Funding85%
Anthropic Q3'25 Deal$13.0B
OpenAI Q3'25 Deal$8.3B
Mistral AI Q3'25 Deal$1.5B
Princeton Digital Group Q3'25 Deal$1.3B
NSCALE Q3'25 Deal$1.1B
Databricks Q3'25 Deal$1.0B
Figure Q3'25 Deal$1.0B

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