Venture Capital Fellowship

$189 Billion in One Month - When Three AI Companies Absorb 83% of Global Venture Capital February 2026 marked a historic inflection point: global startup funding reached $189 billion in a single month - 37% of all 2025 VC deployment ($425B) and nearly half of 2023's entire annual total ($415B). But the real story isn't the scale - it's the concentration. Nearly $171 billion (90%) flowed into AI companies, with just three firms - OpenAI, Anthropic, and Waymo - absorbing $156 billion (83% of total venture dollars). For VCs watching capital allocation patterns, this represents classic power-law dynamics at unprecedented scale. The Big Three: OpenAI ($110 billion, Feb 27): Amazon invested $50 billion, NVIDIA invested $30 billion, and SoftBank Investment Advisers invested $30 billion at a $730 billion pre-money valuation. The round included a strategic AWS partnership ($100B cloud spending over 8 years) and dedicated 3 GW NVIDIA inference capacity. OpenAI serves 900M weekly active users, 50M paying subscribers, projecting $280B revenue by 2030. Anthropic ($30 billion, Feb 12): GIC and Coatue Management led at $380B post-money (up from $183B Series F), joined by The D. E. Shaw Group, Dragoneer Investment Group, Founders Fund, ICONIQ, and MGX. CFO Krishna Rao: "Claude is increasingly critical to how businesses work." The company reports $14B run-rate revenue (10x annual growth for three years), with 8 of Fortune 10 as customers. Waymo ($16 billion, Feb 2): Dragoneer Investment Group, DST Global, and Sequoia Capital led at $126B valuation (up from $45B in Oct 2024), with Alphabet Inc., a16z speedrun, Mubadala, Silver Lake, Tiger Global, and Fidelity Investments. Co-CEOs noted 15M rides in 2025, expanding to 20+ cities in 2026, targeting the $2.2 trillion autonomous vehicle market by 2030. The Pattern: This mirrors historical VC paradigm shifts. In the 2000s, capital concentrated around internet infrastructure. In the 2010s, mobile and SaaS dominated. In 2026, AI has become the intelligence layer investors are racing to own. The thesis is clear: whoever controls the intelligence layer controls the next trillion-dollar markets. Congratulations to Sam Altman (OpenAI), Dario Amodei (Anthropic), Tekedra N. Mawakana, and Dmitri Dolgov (Waymo), and recognition to Amazon, NVIDIA, SoftBank Investment Advisers, GIC, Coatue Management, Sequoia, and 50+ institutional investors backing the AI infrastructure layer. The VC Fellowship teaches you power-law capital allocation, infrastructure investing, and how paradigm shifts reshape venture markets. Applications open. Apply Now:- https://lnkd.in/gsNZQFvH #venturecapital #AI #Funding #investment