Tomasz Tunguz: Nvidia made up 16.4% of all U.S. venture capital dollars in Q2 2026

Tomasz Tunguz: Nvidia made up 16.4% of all U.S. venture capital dollars in Q2 2026
Nvidia's share of U.S. venture capital

Nvidia accounted for 16.4% of all U.S. venture capital dollars in the second quarter of 2026, and 10.0%—or $58.7 billion out of $585.2 billion—over the last four quarters. Tomasz Tunguz notes that with Jensen's departure, there is now a question mark over one in every six venture dollars in the U.S.

Tomasz Tunguz has tracked recent shifts in the AI sector, noting that AI stocks have fallen for three consecutive weeks as Alphabet and Amazon shares declined following earnings. He also reported on Anthropic’s filing of an S-11 in what he described as the largest AI listing to date. Both events highlight ongoing developments impacting major technology and AI firms.

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