In the first half of 2024 alone, over $35.5 billion has been funneled into AI startups globally, demonstrating the sector's ongoing attractiveness to investors.
Despite hints of AI fatigue among the public, venture capitalists continue to show robust interest, highlighted by AI companies raising five of the six largest funding rounds this year.
New entrants like Ilya Sutskever's Safe Superintelligence have attracted massive investments, including a $1 billion raise that signals strong confidence in future AI advancements.
Major firms like Andreesen Horowitz and Google Ventures actively support AI startups, indicating their belief in the transformative potential and profitability of AI technologies.
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