North American startups, particularly those in the United States and Canada, continue to dominate global venture capital investments in artificial intelligence despite facing a challenging political and regulatory environment. This trend contrasts with Europe, which produces approximately 85% fewer tech unicorns than the U.S. and receives only 20% of its venture capital funding. The fragmented European markets and limited research and development investment contribute to slower innovation, lower productivity, and reduced long-term economic growth compared to North America. These dynamics underscore the concentration of AI venture capital in North America amid ongoing economic and political uncertainties.