According to PitchBook data, venture capitalists poured $209 billion into U.S. startups in 2024, with nearly half—$97 billion—going to AI startups, highlighting a monumental shift in funding.
AI startups captured nearly half of all venture funding in 2024, reflecting an explosive interest in artificial intelligence, outpacing total startup funding in Europe and Asia combined.
While total global venture funding rose from $304 billion to $314 billion, AI companies alone saw funding jump over 80% from $55.6 billion to over $100 billion.
Only one-third of AI funding was directed towards foundational AI model developers like OpenAI, with the majority of funds flowing into AI applications in sectors like healthcare and robotics.
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