Investment by Segmentation
Investor Type
Major investors
Commentary
AI investor interest soars as the industry lessens its focus on crypto and fintech. The US became the largest funding source for AI startups, with Andreessen Horowitz, Sequoia, and Tiger Global leading major investment rounds. Tech giants are flexing dedicated venture arms, like Google Ventures and Intel Capital, to significantly invest in AI startups. Aligning niche players and their systems within broader corporate strategies helps secure both emerging technologies and competitive market footholds efficiently. The public sector is ready to leave behind lagging legacy systems. Digital technology platforms are helping government agencies retire inefficient infrastructure, thereby achieving greater economies of scale. Notably, the Department of Defense made substantial AI-related investments in 2022-2023.
Financial / VC
CVC / Strategic
Governments / Sovereigns
Source: Pitchbook Q1 2024 Artificial Intelligence & Machine Learning Report.
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