AI investment to grow 62% to $110 billion in 2024, while overall funding for tech startups to decline 12%

Odaily News Artificial intelligence (AI) startups raised a total of $110 billion in funding in 2024, a 62% increase from the previous year, according to a new report from data analytics firm Dealroom.
Startups and growth companies in the entire technology sector (including non-AI fields) raised a total of $227 billion in 2024, down 12% from 2023. This shows that despite the decline in overall investment in the technology industry, the investment boom in the AI field has risen against the trend and has become the focus of capital pursuit. (Jinshi)