Reported 1 day ago
In 2024, U.S. venture capital funding surged by nearly 30%, largely driven by artificial intelligence startups, which captured a record 46.4% of the total investments amounting to $209 billion. The momentum follows the success of OpenAI's ChatGPT and highlights investor enthusiasm despite uncertainties regarding the sustainability of funding levels, especially for companies requiring significant capital. Major funds participated, although exit challenges remain, with a hope for a renewed IPO market under the incoming Trump administration.
Source: YAHOO