Venture Capital Pulse — 2026-05-29
Anthropic's record-breaking $65 billion Series H and Cognition's $1 billion raise dominate this week's funding activity, underscoring a market increasingly bifurcated between mega-rounds for AI leaders and a slower funding environment for everyone else. With 80% of 2026 capital flowing to rounds of $500M+, capital concentration has reached unprecedented levels, signaling a potential crisis for mid-market and early-stage startups outside the AI boom.
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