Ultra-wealthy push AI bets as February funding hits record
TL;DR
Despite AI-bubble fears, ultra-wealthy family offices doubled down on AI startups in February, with AI-related rounds totaling $171B and overall startup funding reaching a record $189B; notable bets included Emerson Collective’s $1B World Labs fundraise and Azim Premji’s family office's $315M Runway round, plus Hillspire backing Goodfire, underscoring long‑term optimism about AI returns.
- Family offices double down on AI investments as startup fundraising breaks record in February CNBC
- Massive AI Deals Drive $189B Startup Funding Record In February While Public Software Stocks Reel Crunchbase News
- Just three companies dominated the $189B in VC investments last month TechCrunch
- AI startups power $189 billion global funding record | Tap to know more | Inshorts Inshorts
- OpenAI pushes corporate investment in startups to a new high in February Global Venturing
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