Artificial intelligence continues to dominate the venture funding landscape, raising $19 billion in Q3 2024, representing 28% of all venture deals, showcasing persistent investor interest.
Elon Musk's xAI secured an incredible $6 billion funding round in November, one of seven AI funding rounds exceeding $1 billion in 2024, underlining the ongoing frenzy in the AI sector.
Liquid AI raised a $250 million Series A round, bringing its valuation to $2.35 billion, indicating robust investor confidence in foundation model startups and the AI market overall.
With venture funding largely unfazed by AI fatigue, AI companies have amassed significant capital, demonstrating that venture investors remain overwhelmingly optimistic about the potential of AI technologies.
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