2024 has turned out to be a game-changing year for AI startups, marking a shift in how investments are flowing into the sector. In the first quarter alone, AI startups raised $12.2 billion across 1,166 deals—up 4% from the previous quarter. This isn't just a continuation of past trends; it's a seismic transformation in the AI landscape.
October 2024 was a standout month, witnessing corporate-backed funding rounds soar to a staggering $22.33 billion—a 134% increase compared to October 2023. This unprecedented spike was driven by multi-billion-dollar rounds for industry giants like OpenAI and Waymo, signaling the rise of "mega-deals" that are reshaping the industry.
But it's not just the big players reaping the rewards. The AI market, currently valued at $279 billion, is projected
Sam Altman isn’t Worried About the AI Bubble
Mukundan Sivaraj
