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$297 billion. One quarter.
Q1 global VC funding broke records, up 150% compared to the same period last year.
Four companies took 65%—OpenAI $122 billion, Anthropic $30 billion, xAI $20 billion, Waymo $16 billion.
AI accounted for 81% of total funding.
The difference is that this time, the top players are more concentrated. Four companies took over the majority of the market.
All the money went to AI.