
The AI market is experiencing substantial growth, with $79.2 billion invested in 2024. The infrastructure market is also booming, with global spending projected to reach $150 billion by 2025, reflecting a compound annual growth rate (CAGR) of 30%. This surge in investment is driving innovation and efficiency across various sectors, including healthcare and finance. In Europe, AI startups have become particularly attractive to venture capitalists, capturing 25% of the region's VC funding, amounting to approximately $13.7 billion in 2024. This marks a notable increase from 15% in 2020. Additionally, AI startup funding surged by 40% in the third quarter of 2023, reaching $10 billion, significantly impacting areas like marketing automation and customer service.
Balderton Capital and Dealroom: European AI startups attracted 25% of the region's VC funding, or ~$13.7B, in 2024, compared to 15% in 2020 (@abracarioca / TechCrunch) https://t.co/xI90ZmoSPW https://t.co/Zsbo9mo2oc https://t.co/ZOzeer2dpR
AI startup funding surged 40% in Q3 2023, reaching $10B. This fuels rapid growth in generative AI, particularly impacting marketing automation and customer service sectors, boosting efficiency and ...
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