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Today: August 29, 2024
May 13, 2024
1 min read

AI startups draw funding while corporate VC slows down, finds KPMG

TLDR:

  • AI startups are attracting venture capitalists worldwide, according to KPMG Taiwan.
  • Corporate venture capital seems to be retreating in comparison.

In a recent report by KPMG Taiwan, it was revealed that Artificial Intelligence (AI) startups are currently highly sought after by venture capitalists globally. These startups are seen as the “apple in the eyes” of investors due to the potential for innovation and growth in the AI sector. However, the report also noted a contrasting trend, with corporate venture capital appearing to be on the decline.

The report highlights the increasing interest in AI technologies and the potential they hold for the future. It also raises questions about the role of corporate venture capital in shaping the startup landscape and whether traditional investors are shifting their focus in the face of emerging technologies like AI.

Overall, the findings suggest a dynamic and evolving venture capital landscape, with AI startups at the forefront of innovation and investment, while corporate VC may be taking a step back in this fast-paced industry.

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