Four Companies Took 65% of All Venture Capital on Earth Last Quarter
Q1 2026 saw $297 billion in startup funding — the most ever. OpenAI, Anthropic, xAI, and Waymo captured $188 billion of it. What happens to everyone else?
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AI's $800 Billion Circular Financing Problem: Bubble Warnings Grow Louder
Bill Gurley warns AI reset is coming while Norway's $2.1 trillion fund models a 35% crash. The problem: Nvidia invests in OpenAI, which buys more Nvidia chips.