February was the biggest month in venture history, thanks only to OpenAI, Anthropic, and Waymo

February 2024 set a venture funding record with $189 billion raised, but this historic figure was driven almost entirely by three massive AI funding rounds from OpenAI, Anthropic, and Waymo, which accounted for 83% of total investment. The concentration of funding in just three companies highlights the extreme focus of venture capital on AI development.