AI companies raised $297 billion in Q1 2026, representing 81% of all venture funding, with OpenAI alone accounting for $122 billion and Anthropic and xAI adding $30 billion and $20 billion respectively. The concentration is extreme: four AI deals in one quarter represented 65% of global funding, and AI seed-stage startups command a 42% valuation premium over non-AI peers. More than 1,500 pre-ChatGPT unicorns now face down-round risk as they compete for the residual 19% of capital. For financial institutions, this funding concentration amplifies questions about circular capital flows, customer creditworthiness, and valuation sustainability across fintech and enterprise-software portfolio exposures.
330 other tracked developments touching the same claims.