A new report from CBInsights has highlighted the state of AI funding over the past year. While the overall venture funding market saw a decline of 42% in 2023, AI funding fell by only 10% year-over-year. The US led in AI deal share worldwide, with almost half of all AI deals taking place in the country. Generative AI attracted 48% of all AI funding in 2023, a significant increase from the previous year. M&A exits in the AI sector rebounded in 2023, reaching 311, and 22 new unicorns were minted. Google was the most active investor in AI in Q4’23.
AI Startups Smash Records, Raking in $425B in Investment
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