Investment in AI surged 62% to $110 billion in 2024, while overall financing for tech start-ups fell by 12%
News on February 12, according to the latest report from data analysis company Dealroom, artificial intelligence (AI) startups raised a total of $110 billion in funds in 2024, an increase of 62% from the previous year. Startups and growth companies in the entire tech sector (including non-AI fields) raised a total of $227 billion in 2024, down 12% from 2023. This indicates that despite a decline in overall tech industry investment, investment fervor in the AI field has bucked the trend and become a focus for capital pursuit.
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