Top 5 VC Deals of the Week in AI (6/3/26)

This week our overall AI venture capital activity continued its acceleration from prior weeks, with all five of our listed announcements coming in over $300 million and nine announcements coming in over $100 million.

The biggest announcement, per FinSMEs, came from San Francisco-based AI powerhouse Anthropic, which raised a massive $65 billion Series H to “advance its safety and interpretability research, expand its global compute infrastructure through hardware and energy partnerships, and scale its enterprise product suite,” according to its announcement. Anthropic, among many other things, is responsible for the Claude suite of models. Our second-place announcement was from another San Francisco-based AI  firm, Cognition, which raised an “over” $1 billion round which it will use to “scale its model training program, further develop its autonomous engineering capabilities, and expand its team to support self-driving software development,” according to its announcement. Cognition develops autonomous AI software engineers. The top five also included companies in the biotechnology, telecommunications and cybersecurity spaces.

Smaller funding raises that did not quite make our top 5 this week included announcements from the AI infrastructure, corporate tax and robotics sectors.

Below, we highlight the top five venture capital deals, ranked from the highest to the lowest funding amounts, showcasing the companies at the forefront of the AI revolution…