Already subscribed? Sign in →
White House export restrictions on Anthropic's Mythos model reportedly driven by fears of Chinese government access to the AI system.
Public claims with deadlines
Nothing on the calendar yet.
Hearings · rulings · statutory deadlines
OpenAI alone defines the top — a $122B Series G at $852B — pushing the 2026 total past $263B. Beneath the labs, generative-media venture has scaled in its own right: Luma's $900M Series C, ElevenLabs' $500M Series D at $11B, Runway's $315M, Suno's $250M. The median round climbed from $25M in 2023 to $408M in 2026.
The 2023 seed boom has matured into a growth market: 16 of 32 rounds since 2025 were growth-stage and only one was a Series A, reversing a 2023–24 mix that ran 18 Series As and 13 seeds. Exits opened up — Figma's $1.2B IPO at $19B, Cloudflare's acquisition of Replicate — as early gen-AI bets graduate.
Andreessen Horowitz is the sector's most active lead by far at 18 rounds, still pricing the top (OpenAI, March 2026); Sequoia (eight) led ElevenLabs and Fal.ai. The 2026 entrants are sovereign and strategic — HUMAIN led Luma's $900M, Robinhood backed ElevenLabs, Cloudflare bought Replicate. Tencent and Blackbird have gone quiet since 2019 and 2023.
Where the sector convenes
Talent + spinout pipeline