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Nope, you're spot on. AI deals continued to dominate venture funding during the third quarter. AI companies raised $19 billion in Q3, according to Crunchbase d
by at-fates-hands 1y ago
Nope, you're spot on.
AI deals continued to dominate venture funding during the third quarter. AI companies raised $19 billion in Q3, according to Crunchbase data. That figure represents 28% of all venture funding.
The fourth quarter of 2024 has been no less busy for these outsized rounds. Elon Musk’s xAI raised a behemoth $6 billion round, one of seven AI funding rounds over $1 billion in 2024, in November. That’s just months after OpenAI raised its $6.6 billion round.
https://techcrunch.com/2024/12/20/heres-the-full-list-of-49-us-ai-startups-that-have-raised-100m-or-more-in-2024/ https://techcrunch.com/2024/12/20/heres-the-full-list-of-49-...
- blobbers 1y agoYeah - it's basically like the days when everyone added "Deep" to their name to get an extra 0 on their valuation. What do you do? Oh we do DeepCoffee brewing. It's a coffee machine powered by Deep Learning to brew the perfect cup. Keurig and Starbucks are Yahoo, and we're Google. (now people probably say those guys are google and we're openai but I digress)