Dealroom – Magnificent 7 VC & AI, 2024

The Magnificent 7, a group of successful tech investors, have grown from humble origins to investing nearly $400 billion annually in frontier tech. With a combined value of $14 trillion and accounting for 32% of the S&P 500, they are dominating the tech industry. As a major platform shift unfolds, acquisitions are no longer an option due to regulations, leading them to focus on era-defining VC deals instead. With a keen interest in applied AI, they are on the lookout for mega opportunities within this sector. This report offers insight into the perspective of the Magnificent 7, urging readers to think big in the ever-changing tech landscape.