From $15B to $300B: How Fast #AI #Funding Exploded. #entrepreneur #technology #tech #investing #vc

Madrona's Matt McIlwain breaks down the wild growth behind the Intelligent Applications 40 (IA40) on Bloomberg Tech: the first IA40 class in 2021 had raised $15B+ combined — this year's list has raised over $300B, and $500B+ cumulatively over five years. Anthropic and OpenAI alone are approaching $200B raised privately before ever going public — a signal of where the next generation of applied and agentic AI leaders is emerging, ahead of infrastructure. Full 2026 IA40 list: www.ia40.com/thelist