According to data that was published by PitchBook on Tuesday, January 7, artificial intelligence startups have made significant contributions to the recovery of United States venture capital funding from market lows.
Last year, the total amount of raised capital increased by almost 30% compared to the figure for 2023.
Artificial intelligence startups also received a record 46.4% of the total raised in 2024, $209 billion. A decade earlier, the share of the mentioned startups in the specified structure was less than 10%.
There is currently enthusiasm among investors for artificial intelligence technology. This attitude is largely due to the tremendous success of ChatGPT from OpenAI. This chatbot powered by machine intelligence has demonstrated impressive abilities related to processing large amounts of information and generating original content based on user prompts. Investors’ enthusiasm for artificial intelligence has helped revive venture capital funding.
Investors are interested in making financial injections in various forms of functioning and the existence of machine intelligence. In this case, among other things, foundation models of artificial intelligence and AI apps are meant.
Large-scale rounds of financing for companies that are operating in the area of artificial intelligence, many of which are still unprofitable, highlighted investors’ optimism about the potential of this industry.
At the same time, according to media reports, citing analysts, it is not known how long the enthusiasm for the foundation AI models, which require significant capital for computing power and talent, will last.
As we have reported earlier, Baidu Founder Predicts Boom in AI Apps in 2025.
