Dealogic: 51 US tech IPOs raised $16.8B in 2025, driven by AI and crypto, above the past three-year average but far below 2021's 127 IPOs raising $74.4B (Valida Pau/The Information)
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Summary
— Tech is reinventing the workforce. But is it really AI, or the people behind it? Think of it like a hamster who got tired of running in its wheel, so it automated the wheel.