AI funding tracker reveals $72.9B raised in May, led by Anthropic and DeepSeek

The latest AI venture funding tracker reveals a staggering $72.9 billion was deployed in May 2026 across 555 deals, with Anthropic and DeepSeek dominating the headlines. Anthropic, the creator of Claude and pioneer of Constitutional AI, raised a massive $30 billion round at a $200 billion valuation, reinforcing its position as a top contender against OpenAI and Google DeepMind. DeepSeek secured two separate rounds totaling $17.3 billion, with valuations of $66.7 billion and $49 billion respectively. Other notable rounds include REPS ($24M for road-energy conversion), Scope ($20M for industrial inspection AI), and Roboxi ($13M for airport robotics).

Sector allocation shows LLM/foundation models capturing $294.4B across just 10 companies, while enterprise AI (103 companies) and AI infrastructure (40 companies) also received significant capital. Top investors remain concentrated: Andreessen Horowitz participated in 22 deals deploying $24B, Sequoia Capital in 12 deals ($9.4B), and NVIDIA in 11 deals ($24.1B). The median deal size is $37M with an average valuation of $6.3B. This funding surge underscores the relentless investment in AI capabilities, from AGI research to practical enterprise applications, signaling that the AI arms race shows no signs of slowing down.