AI Startups Raised $2.9 Billion in Three Months-Here's Why | Entrepreneur
Briefly

OpenAI's recent funding round of $6.6 billion at a $157 billion valuation indicates robust investor confidence in AI, which is part of a broader trend.
AI comprised 41% of U.S. VC deals in the first half of 2024, showcasing sustained investor interest in AI innovation and growth despite economic challenges.
The emergence of AI unicorns increased by 22.9% last year, marking AI as a rare sector with significant growth amidst a challenging fundraising climate.
While AI offers remarkable opportunities, it comes with considerable costs, including $10 billion to train advanced models and substantial electricity demands, raising sustainability concerns.
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