Everyone keeps asking: “Are we in an AI bubble?” But just as often, I hear a different question, followed by recognition: “Wait—they raised another round?”
This year, a handful of top AI startups—some now so large that calling them “startups” feels vaguely ironic—have raised not just one giant round of funding, but two or more. And with each round, the startups’ valuations are doubling, sometimes even tripling, to reach astonishing new heights.
