Robotics, Secure infrastructure
AI Capital Is Leaving the Cloud and Moving Into the Real World
Venture capital is entering a new phase of the AI cycle, where the most important deals are no longer pure software or foundation models, but the physical AI stack: chips, data centers, robotics, sensors, satellites and secure infrastructure. As defense budgets surge and governments demand real capabilities with rapid “speed to field”, capital is flowing into dual‑use technologies that operate across civilian and military domains and concentrate strategic value for the next decade.