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DeepNewz, mobile.
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In 2024, investments in artificial intelligence (AI) reached $110 billion, marking a 62% increase from the previous year. This surge in funding contrasts with a 12% decline in overall startup funding. The rise in AI investments was largely driven by advancements in generative AI and foundational models, prompting venture capitalists to redirect their focus from other technology sectors towards AI. This trend highlights the growing significance of AI in the venture capital landscape.
Global AI venture capital reaches $110bn in 2024, driven by foundational models https://t.co/94J9HYfzeO
VC investment in AI skyrocketed in 2024, hit an all-time high of $110 billion, with genAI leading the charge and venture capital shifting away from other tech sectors. Find out more here ⬇️ https://t.co/ycbdXkUxnw #tech #AI #VCfunding @dealroomco
AI investments surged 62% to $110B in 2024 while startup funding overall declined 12% https://t.co/ZVtn5hJrYJ
