WASHINGTON, February 11. /TASS/. Total global venture investments in artificial intelligence (AI) startups gained 62% annually and reached $110 bln, the Techcrunch web portal reported, citing a report of analytical firm Dealroom.
The figure of $110 bln worth venture investments became record high throughout its history. In the meantime, funding of individual startups and scaleups across the sector contracted by 12% to $227 bln in 2024, the web portal said.
An increase in investments is related to the expanding ecosystem of related sectors, including manufacturing of chips and energy. The AI sector share in the total US venture capital volume reached 42% or $80.7 bln, the web portal said.