
64% of all US venture capital is now flowing to AI startups, echoeing the 1990s dot-com bubble that led the Nasdaq crashing 78% in 2000-2003
Key Takeaways
- 64% of all US venture capital funding is now directed to AI startups, with $50B invested in Q2 2025 alone
- OpenAI valued at $300B without profits or IPO status, while 70% of funded AI startups generate no real revenue
- Tech sector now represents 34% of S&P 500, exceeding the dot-com bubble peak of 2000
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