AI fatigue may be real for some, but venture investors are clearly not deterred—AI startups attracted $18.9 billion in funding during Q3 alone, constituting 28% of the total venture capital.
The highlight was OpenAI's record-setting $6.6 billion funding round, which became the largest venture deal ever, showcasing the ongoing interest and investment in AI technologies.
September witnessed notable rounds as well, including Glean which raised $260 million, and Safe Superintelligence, raising $1 billion, further illustrating the trend of robust funding in AI.
With major players like Bain Capital leading several rounds, including EvenUp and Poolside, it’s evident that the AI sector continues to secure substantial investor confidence.
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