Megadeals

• AI-focused startups dominated the largest funding rounds this week, despite an overall sparser lineup of megadeals. • Instinct, a developer of AI assistants, secured the largest funding round of the period. • Other significant investments were distributed across diverse sectors, including business software, autonomous transport, physical AI, and sea gliders.

• Artificial intelligence dominated the largest U.S. startup funding rounds this week, with AI companies securing the majority of the top 10 deals. • The week's most significant financing event was a $1.5 billion Series F round for Baseten, a provider of AI inference technology. • Biotech emerged as the second-largest sector for venture capital investment, though it trailed significantly behind the AI spree.