According to industry statistics, popular Silicon Valley startups have raised $150 billion (approximately RMB 1.05 trillion) in funding this year. Their financial backers recommend building 'fortress-like' balance sheets to brace for a potential cooling of the artificial intelligence investment boom next year. PitchBook data shows that in 2025, the financing amounts for the largest unlisted companies in the U.S. reached an all-time high, far surpassing the previous record of $92 billion set in 2021, as venture capital firms scramble to support top AI companies like OpenAI and Anthropic.
