AI Foundation Model Investments Surge to Over $40b, With Mega-Deals Driving Record Funding in 2024
In 2024, the funding landscape for AI foundational models reached unprecedented heights, with total investments surpassing $40 billion, more than doubling the amount raised in 2023. According to PitchBook data, this surge has brought the total funding for AI core technologies since 2023 to $60.2 billion, fueled by substantial mega-deals from some of the world’s […]
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