New PitchBook information illustrates how dramatically AI is dominating startup funding, with 2025 on-track to grow to be the primary yr when AI accounts for greater than half of all VC cash invested.
PitchBook studies that VCs have poured $192.7 billion into the business to date this yr, out of a complete $366.8 billion, in keeping with 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 world companies.
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 to date in 2025, in comparison with 4,430 in 2022.
PitchBook’s director of analysis Kyle Sanford advised Bloomberg that the market is turning into “bifurcated,” the place “you’re in AI, otherwise you’re not” and “you’re an enormous agency, otherwise you’re not.”