New PitchBook information illustrates how dramatically AI is dominating startup funding, with 2025 on-track to develop into the primary yr when AI accounts for greater than half of all VC cash invested.
PitchBook reviews that VCs have poured $192.7 billion into the trade thus far this yr, out of a complete $366.8 billion, based on Bloomberg. In the latest quarter, AI accounted for 62.7% of the cash invested by U.S. VCs, and for 53.2% of cash invested by international corporations.
Most of that cash goes to marquee names like Anthropic, which introduced a $13 billion Collection F in September. In the meantime, the variety of startups and enterprise funds efficiently elevating cash are at their lowest ranges in years — PitchBook says that 823 funds have been raised globally thus far in 2025, in comparison with 4,430 in 2022.
PitchBook’s director of analysis Kyle Sanford informed Bloomberg that the market is turning into “bifurcated,” the place “you’re in AI, otherwise you’re not” and “you’re a giant agency, otherwise you’re not.”
