Overview
- Nvidia crossed a $4 trillion market valuation on July 9 and has won U.S. approval to export its China-compliant H20 GPUs.
- Nearly two-thirds of U.S. venture capital in the first half of 2025 flowed into AI companies, with mature startups accounting for 78% of deal value.
- Secondary share transactions hit $60 billion in Q1 2025 as investors seek liquidity through private-market trades instead of IPOs.
- Coatue estimates over $1.3 trillion is now invested in private firms valued above $50 billion, fueling competition for mega-valuations.
- SoftBank’s Masayoshi Son pledged $32 billion to OpenAI before year-end, underscoring the scale of capital chasing AI ventures.