Private Equity 24 Hours

Last updated: May 30, 2026, 2:30 PM ET

Private Equity Activity

Ghost Angels fund launched by 20 Snap alumni targeting next-gen social media ventures as venture capital intensifies in AI space, with even 19-year-old entrepreneurs securing funding terms amid the frenzy. The trend continues with generative AI giant Anthropic securing a staggering $65 billion Series H round, dominating weekly funding rounds despite an otherwise slower period for megarounds. This reflects a growing concentration of capital among AI-focused startups, as traditional venture firms compete aggressively for stakes in emerging technologies that promise exponential returns.