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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The Three-Company Economy: How OpenAI, Anthropic, and Waymo Swallowed 83% of VC Funding
February 2026 saw a record $189 billion in venture funding. Three companies took $156 billion of it. What happens to everyone else?