PARIS, 20 Feb. - (ANA) - In 2025, venture capital (VC) investments in artificial intelligence (AI) firms globally made up over 60% of all VC investment, doubling its 2022 share. Our new policy brief examines recent global venture capital investment in AI firms.

 

This policy brief examines recent global venture capital investment in artificial intelligence (AI) firms, drawing on Preqin data from the OECD.AI Policy Observatory. 

 

It outlines actions policymakers can take to foster enabling investment environments, strengthen domestic AI ecosystems and support trustworthy AI innovation across the technology stack.

 

 

 

 

• In 2025, venture capital (VC) investments in AI firms globally made up over half (61%, USD 258.7 billion) of all VC investment (USD 427.1 billion), doubling its 2022 share (30%).

 

• For generative AI firms specifically, VC funding surged from about 2% (USD 2.8 billion) to 12% (USD 15.3 billion) of total AI VC investments between 2022 and 2023. Since then, VC investments in generative AI firms grew further, reaching USD 35.3 billion in 2025, or about 14% of all AI VC investments.

 

• Firms in the United States attract the largest share of VC by a wide margin, comprising approximately 75% (USD 194 billion) of global AI VC deal value, followed by the EU27 (6%, USD 15.8 billion), the People’s Republic of China (hereafter ‘China’) (5%, USD 13.9 billion), and the United Kingdom (5%, USD 13.8 billion). United States VC investors also are the most active, representing about 56% (USD 124 billion) of the worldwide value of outgoing VC investments in AI in 2025, followed by investors in the United Kingdom at 9% (USD 20.7 billion), China at 8% (USD 17.2 billion) and EU27 investors at 7% (USD 14.5 billion).

 

• Since 2023, AI firms have attracted a declining share of early-stage VC relative to all funding rounds, possibly because capital is concentrating in “mega deals” of over USD 100 million. Mega deals have continued to rise, comprising about 73% of total AI investment value in 2025.

 

• Since 2023, AI firms working on IT infrastructure and hosting attracted the most VC investment,overtaking other industries to reach a total of USD 47.4 billion in 2024 and USD 109.3 billion in 2025, more than two-thirds as much as all other industries combined (USD 149.4 billion).Between 2012 and 2025, this comes to a cumulative USD 256.1 billion of investment, reflectinga rush to build AI compute infrastructure critical to scaling advanced AI systems.

 

• While long-term prospects for AI remain strong, investment markets are cyclical. These findings regarding past trends in AI VC should therefore be interpreted with caution in seeking to anticipate future trends.   - (ANA) -

 

For more information, visit: https://www.oecd.org/content/dam/oecd/en/publications/reports/2026/02/venture-capital-investments-in-artificial-intelligence-through-2025_3bcb227f/a13752f5-en.pdf

 

 

AB/ANA/20 February 2026 - - -