Just three companies dominated the $189 billion in VC investments last month

A recent report from Crunchbase reveals that artificial intelligence is at the forefront of venture capital investments, with an astonishing $189 billion allocated to startups in February alone. This figure marks a record high and represents a staggering 90% of the total funds raised by AI startups, totaling $171 billion. This surge in funding is remarkable, especially considering that it surpasses the global venture capital expenditures from January by more than threefold. The incredible amounts raised were largely attributed to three major players in the industry: OpenAI, Anthropic, and Waymo. Leading the charge, OpenAI secured a monumental $110 billion in one of the largest private funding rounds in history, bringing its valuation to an impressive $730 billion. Following closely, Anthropic raised $30 billion in a Series G round, resulting in a valuation of $380 billion. Meanwhile, Waymo raised $16 billion, achieving a valuation of $126 billion. Together, these three companies accounted for a staggering 83% of the total venture capital raised last month. Notably, the collective funding from OpenAI, Anthropic, and Waymo in February represents one-third of the anticipated total venture capital spending of $425 billion for the entire year of 2025, according to Crunchbase. This trend underscores the increasing dominance of AI in the startup ecosystem and the substantial investor confidence in the sector.