AI

A leadership vacuum and federal probes threaten the AI industry’s biggest source of capital.

The Japanese tech giant booked a $3.7 billion loss on power equipment for US data centres in the six months to September, but its shares rose 14% after the results.

The gap between the performances of North American and European infrastructure vehicles widened to 9.5 points.

This analyst note examines which consumer AI categories merit venture allocation, weighing historical exit outcomes, investor depth, and rising entry prices against the exit size needed to return a fund.

The Q3 2026 AI Report provides an analysis of recent VC activity and includes a link to our proprietary market map of leading VC-backed companies in the space.

For better or worse, a segment that lacked public benchmarks will soon get a fast-growing leader—and an untested business model.

The fastest-growing IPO candidates can ride in the slipstream of companies such as Anthropic, less so the rest, said executives with the $1.3 trillion asset manager.

This analyst note examines Anthropic’s S-1 filing, evaluating what the disclosure reveals about the company’s financials, valuation, and risks for prospective investors.

The maker of Claude filed to go public Monday, bringing a long-awaited exit for its VC backers, founders and strategic investors.

The numbers reveal a race between revenue and the cost of compute.

Inference will account for 75% of AI compute demand by 2030. We rank top VC-backed inference chip companies by capital efficiency. Etched leads at 12.3x on $1.7 billion raised.

Large-cap managers at PitchBook LCD’s London breakfast briefing said they are competing through creativity rather than looser terms.

This analyst note identifies the most promising datacenter-exposed segments across chips, energy, construction, and logistics, and examines how AI-driven capital is flowing into them.

October Capital is one of just 28 new buyout shops to form in the US this year, well behind pace on recent years.

This analyst note examines the physical AI infrastructure landscape, assessing where durable commercial opportunities lie for suppliers of robot learning data and tools.

The median valuation of AI chip makers has grown 9x in two years, raising the bar for what makes a successful exit.

Inference AI chip VC hit $4.2 billion through August 2026, on pace to top 2025’s $5.2 billion. Median valuations surged from $194 million to $1.7 billion. We map five segments reshaping the compute landscape.