What goes into an AI bubble?

Text version: https://pivot-to-ai.com/2025/04/10/a16z-raising-fresh-20b-for-ai-bubble-investments/

Sources:

Exclusive: Andreessen Horowitz seeks to raise $20 billion megafund amid global interest in US AI startups https://www.reuters.com/business/finance/andreessen-horowitz-seeks-raise-20-billion-megafund-amid-global-interest-us-ai-2025-04-08/

A16z in talks to raise $20B—more capital than VCs have raised so far this year https://pitchbook.com/news/articles/a16z-raising-20b-more-capital-than-vc-2025-q1

Q1 2025 Global VC First Look https://pitchbook.com/news/reports/q1-2025-global-vc-first-look

PitchBook/NVCA Venture Monitor Q4 2024 (PDF) https://nvca.org/wp-content/uploads/2025/01/Q4-2024-PitchBook-NVCA-Venture-Monitor.pdf

Have We Reached Peak AI? https://www.wheresyoured.at/peakai/

Previously on Pivot to AI:

Venture capital is having a bad time — and AI isn't going to fix it https://pivot-to-ai.com/2024/10/21/venture-capital-is-having-a-bad-time-and-ai-isnt-going-to-fix-it/

Three Mile Island nuclear plant is restarting to power AI for Microsoft https://pivot-to-ai.com/2024/09/21/three-mile-island-nuclear-plant-is-restarting-to-power-ai-for-microsoft/

Confirmed: Microsoft stops new data centres worldwide https://pivot-to-ai.com/2025/04/07/confirmed-microsoft-stops-new-data-centres-worldwide/

video: https://www.youtube.com/watch?v=JdbyF7uN2sM&list=UU9rJrMVgcXTfa8xuMnbhAEA

Pivot to AI: Hallucinations worsen as the money runs out https://davidgerard.co.uk/blockchain/2024/04/11/pivot-to-ai-hallucinations-worsen-as-the-money-runs-out/

Buy me nice things: https://www.amazon.co.uk/hz/wishlist/ls/3Q8VZW46J6DM6

Please send money, I'm flying this one solo:

Patreon: https://www.patreon.com/davidgerard

Corporate rate Patreon: https://www.patreon.com/checkout/davidgerard?rid=6951364

Ko-Fi: https://ko-fi.com/A1529D5