Post by S&P Global

Global private equity and venture capital firms are increasingly betting on large AI funding rounds, which may expose limited partners to unintended concentration risk. Private equity-backed unicorn rounds — funding rounds worth at least $1 billion — totaled $179.33 billion in the first quarter. This accounted for nearly 86% of the aggregate amount raised by AI companies through funding rounds in the first quarter, according to S&P Global Market Intelligence data. Read more: https://okt.to/m1oJEO