Record Investment in AI Startups Reaches $97 Billion in 2024

Reported 1 day ago

Venture capital funding for artificial intelligence startups in the US reached an unprecedented $97 billion in 2024, representing nearly half of all startup investments. This surge was largely driven by major investments in notable companies such as xAI, OpenAI, and Anthropic, despite a decline in funding for other sectors. Overall, total startup funding increased by a third from the previous year, while European and Asian funding saw declines.

Source: YAHOO

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