Private Equity 24 Hours

Last updated: May 30, 2026, 11:30 AM ET

Venture Capital & AI Funding

The AI funding frenzy intensified this week as Anthropic secured $65 billion in Series H financing, underscoring the stark divide between well-funded AI giants and smaller startups struggling for capital. Meanwhile, Groq targets $650 million in funding after pivoting toward AI inference capabilities, following Nvidia's $20 billion acquisition that left the chip startup seeking fresh capital. Venture capitalists are reportedly handing out seed term sheets to 22-year-old founders building AI applications, with even 19-year-olds attracting attention if their projects demonstrate exceptional promise.

Private Equity Investments

Axum Capital invested in VitaHustle, the nutrition brand founded in 2022 by celebrity Kevin Hart and Ron Everline, marking another consumer-focused play amid a challenging exit environment. British Columbia Investment Management launched Capital Solutions Group to provide financing to buyout firms facing prolonged liquidity droughts, as limited partners struggle with portfolio company exits and general partners seek alternative funding sources to maintain deal momentum.