89% of All Global VC Went to AI in Q1. Here's What That Means.
In this episode of the Jet Tech Podcast, host George Bandarian, a general partner at Untapped Ventures, opens with striking data that 89% of all global venture capital in Q1 was allocated to AI companies, a figure that matches the total AI deal value of the previous five quarters combined. He highlights recent landmark events such as SpaceX’s record‑shattering IPO and the anticipated trillion‑dollar‑plus IPOs of OpenAI and Anthropic. Bandarian then outlines his recent "State of AI and Autonomous Economy" presentation delivered to audiences in Boston, Toronto, and New York Tech Weeks and to a virtual crowd of over 1,000 founders and investors. The talk covered venture funding trends, valuations, exits, and IPOs, and delved deeply into the emerging autonomous economy, projecting that within three years a billion autonomous agents could be performing real economic work and within a decade a billion robots could do the same. The episode is positioned as a briefing for founders and investors seeking to understand current AI market dynamics and future directions.
