AI Start-Up Investments Bucking Venture Capital Decline Trend

– According to Crunchbase, over a quarter of the total investments in US-based startups this year has gone toward AI companies.

– This is more than double the percentage of last year, when AI startups received an average of 12% of funding capital.

– In 2023, funding for AI-related startups surpassed $23 billion, while non-AI funding reached over $67 billion.

– This significant increase in AI investment is happening despite a 50% decline in North American VC funding in Q1 2023.

– This suggests that the AI sector is maturing and becoming increasingly important to businesses and investors.