US AI & ML VC deal activity + AI & ML share of all VC deal activity
The chart shows the US venture capital deal value and deal count for AI & ML startups from 2016 to Q1 2026. AI & ML deal value peaked dramatically in Q1 2026 at $237.3 billion, representing 88.8% of all VC deal value.
| Label | Value shown on the chart |
|---|---|
| 2016 Deal Value ($B) | $11.6 |
| 2017 Deal Value ($B) | $15.6 |
| 2018 Deal Value ($B) | $28.8 |
| 2019 Deal Value ($B) | $37.3 |
| 2020 Deal Value ($B) | $47.1 |
| 2021 Deal Value ($B) | $116.0 |
| 2022 Deal Value ($B) | $78.7 |
| 2023 Deal Value ($B) | $68.5 |
| 2024 Deal Value ($B) | $111.8 |
| 2025 Deal Value ($B) | $204.3 |
| 2025 Q1 Deal Value ($B) | $26.1 |
| 2026 Q1 Deal Value ($B) | $237.3 |
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