In 2024, artificial intelligence (AI) venture funding reached a new record, surpassing the US$100 billion mark for the first time, according to a new report by CB Insights, a business analytics platform. This surge in funding was driven by mega-rounds of US$100 million and more, which accounted for 69% of total funding. Within this category, four deals exceeded US$1 billion, primarily targeting AI models and infrastructure. These investments reflect several trends: first, the high cost of AI...
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