AI is reshaping the venture market — and creating a new role for strategic investors

A major theme at last month’s GCV Executive Leadership Forum was, naturally, the impact of AI on the venture industry and how investors themselves can use the technology. But the discussion also pointed to a bigger shift: AI is changing not just where venture capital flows, but how investors assess value and how companies will ultimately achieve an exit.

The venture market is becoming increasingly K-shaped. This year is likely to be a record one for venture capital, with $726.9bn invested in startups in the first three quarters, according to PitchBook. But much of that capital is flowing to a relatively small group of companies, led by the likes of OpenAI and Anthropic. READ MORE