Monday, January 30, 2023

Generative AI funding exploded over the past 2 years from $200m to $1.4b

Very impressive! They say money talks! Put your money where one's mouth is!

Generative AI funding exploded over the past 2 years - Insider Intelligence Trends, Forecasts & Statistics US venture capital funding of generative AI was up 27% year over year in 2022, hitting $1.4 billion, according to PitchBook. That money, however, was spread among fewer deals—78 last year compared with 85 in 2021. Nonetheless, it represents a massive increase from 2020, when funding totaled $200 million.

Credits: Last Week in AI



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