AI was supposed to be the great equaliser — instead it produced the most concentrated investment cycle in VC history
The AI boom has led to a significant concentration of startup funding in the US, with American startups accounting for over 75% of global venture funding in 2025. This shift has reversed years of progress in distributing startup capital beyond Silicon Valley, with the US now dominating the global AI investment landscape.
The decade-long diversification of global tech investment is over. US-based startups now account for over 75% of global venture funding, driven by the AI boom. Between 2016 and 2021, non-US startups grew their share of global venture funding, but by 2024, the US had recaptured the top position. The structural driver is AI, with US AI firms attracting 73% of global AI investment last year. The concentration of funding and talent in the US has created a significant gap, with the top 20 global AI investors directing 80% of their capital to US AI companies. The US has committed over $150 billion to new data centre construction, reinforcing its infrastructure advantage.
This content was automatically generated and/or translated by AI. It may contain inaccuracies. Please refer to the original sources for verification.