Q1 sets AI funding records

OpenAI closed a $110 billion financing on Feb. 27 that included a $50 billion commitment from Amazon and $30 billion each from Nvidia and SoftBank, a deal OpenAI says will fund compute and distribution at scale. (openai.com)(bloomberg.com) Anthropic completed a $30 billion Series G on Feb. 12 that was led by GIC and Coatue and valued the company at roughly $380 billion post‑money. (anthropic.com)(cnbc.com) Crunchbase’s sector analysis shows that investment into frontier/foundational AI is now highly concentrated among a handful of labs — repeatedly naming OpenAI, Anthropic and xAI as capture points for the largest cheques. (news.crunchbase.com) Infrastructure finance moved off‑balance‑sheet in some cases: CoreWeave secured an $8.5 billion chip‑backed debt facility tied to long‑term contracts (including a reported Meta agreement) to expand GPU capacity. (investors.coreweave.com)(bloomberg.com) Enterprise vertical plays also attracted large rounds last year: Glean raised a multihundred‑million round that lifted its valuation into the billions and reported supporting over 100 million agent actions annually for customers. (glean.com)(cnbc.com) Model makers targeting enterprise use cases continued to bulk up: Cohere confirmed a major funding package that extended its prior big round and kept it in the multibillion‑dollar valuation bracket. (news.crunchbase.com)(techcrunch.com) Multiple industry writeups tie the quarter’s flow of capital to a shift in investor strategy toward agentic products and foundation‑model ownership rather than broad consumer app bets, citing both the mega‑rounds and a surge in compute and infra financing. (techcrunch.com)(news.crunchbase.com)