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Story summary
- Global venture funding reached $97B in Q3 2025, up 38% YoY, led by AI, which accounted for 46% of total; Anthropic's $13B.
- United States companies accounted for $60B, about two-thirds of funding; AI funding reached $192.7B in 2025 (over 53% of global VC dollars).
- Late-stage funding up 66% YoY; 16 companies went public above $1 billion in Q3 2025.
