AI Grabs the money in 2023

AI's Portion of US Startup Funding Doubles in 2023
Recent data from Crunchbase reveals a notable shift in the funding landscape for American startups this year, with artificial intelligence (AI)-related companies capturing more than a quarter of all invested capital. While this might not be astonishing at first glance, considering the escalating attention around AI and substantial funding rounds for entities like OpenAI and Anthropic, a compelling takeaway emerges when comparing 2023 to the previous year: the proportion of investment money allocated to AI has more than doubled from its levels a year ago.