➀ In Q1'25, global venture funding reached $121 billion, driven by OpenAI's $40 billion raise, valuing the company at $300 billion;
➁ Despite a decline in deal count, AI startups remained the primary beneficiaries of this capital concentration, capturing more than half of the quarter's funding;
➂ The AI dealmaking landscape is evolving, with a shift from infrastructure investments to vertical solutions and application-layer platforms.
➀ After two years of decline, AR/VR headset shipments grew by 10% in 2024, according to IDC.
➁ Meta leads the market with a 74.6% share, followed by Apple, Sony, ByteDance, and XREAL.
➂ Meta and XREAL are the only two among the top five companies that recorded year-over-year growth.
➀ Broadcom's deal with ByteDance for a custom AI accelerator chip has been canceled.
➁ The cancellation is due to tightened US semiconductor restrictions on China.
➂ Broadcom could face losses of $2B to $3B from the TikTok ban.
➀ President Trump announced on Monday that discussions are underway about acquiring TikTok from the Chinese company ByteDance.
➁ TikTok faces a critical moment where it must either be sold to a US government-verified entity or face a ban from app stores and telecommunications services in the US.
➂ Multiple companies, including Microsoft and MrBeast, are in talks to acquire TikTok.
➀ A short-term ban on TikTok and other ByteDance-owned apps has been implemented.
➁ In response, Meta has announced the launch of a new competing app called Edits.
➂ Edits is a free video editing app with various features including text insertion, captioning, audio tracks, stickers, special effects, and more.
