PYMNTS.com March 10, 2025
Excitement for artificial intelligence (AI) has reportedly brought American startup investment to a three-year high.
But as the Financial Times (FT) reported Sunday, much of this funding from the venture capital (VC) space has been focused on a few very large private tech firms.
Upwards of $30 billion has been invested into tech startups already this quarter, the report said, citing data from PitchBook. Another $50 billion in fundraising is also in the works, with VCs hammering out deals for companies like OpenAI and Safe Superintelligence. The latter company — founded by OpenAI’s one-time chief scientists — is reportedly aiming to quadruple its valuation to $20 billion in a new funding round.
The rush to back AI companies has investors...
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