PitchBook: AI dominates global venture capital as 2025 deal value nears record The global venture capital market hit its second-highest annual total on record in 2025, with the year seeing $512 billion in deal value, nearly matching 2022, the current high-water mark, according to a first look at the quarterly PitchBook-NVCA Venture Monitor report released early Wednesday. In terms of VC dealmaking as in much of the tech world, 2025 will be remembered for artificial intelligence, with AI accounti...