CB Insights：2025年Q2全球AI状况报告：私募市场交易、投融资和退出数据及分析（英文版）

AI acquisition activity reached record levels in Q2’25 at 177 deals — double the 5-year quarterly average of 89 deals. The US was largely responsible for the jump, with acquisitions of USbased AI startups nearly doubling QoQ. Enterprise tech leaders like IBM were among the most active acquirers. See the data → 50.1x Median revenue multiple. Leading AI companies that raised funding in Q2’25 did so at sky-high valuations. For example, model developer xAI raised at a $75B valuation on a projecte