AI Firms Dominate Venture Funding, M&A Exits Overtake IPOs

TL;DR. Venture capital in Q1 2026 heavily favored AI companies, with OpenAI, Anthropic, xAI, and Anduril Industries receiving major allocations. - AI's share of venture funding increased to 80% this quarter, up from 55% a year ago. - Venture-backed M&A significantly outnumbers IPOs for startup exits. - Limited Partners demand cash returns, influencing venture fund strategies.

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