Investments in generative AI startups topped $3.9B in Q3 2024

Not everyone is convinced of generative AI’s return on investment. But many investors are, judging by the latest figures from funding tracker PitchBook. In Q3 2024, VCs invested $3.9 billion in generative AI startups across 206 deals, per PitchBook. (That’s not counting OpenAI‘s $6.6 billion round.) And $2.9 billion of that funding went to U.S.-based […] © 2024 TechCrunch. All rights reserved. For personal use only.

Oct 20, 2024 - 23:00
Investments in generative AI startups topped $3.9B in Q3 2024

Not everyone is convinced of generative AI’s return on investment. But many investors are, judging by the latest figures from funding tracker PitchBook. In Q3 2024, VCs invested $3.9 billion in generative AI startups across 206 deals, per PitchBook. (That’s not counting OpenAI‘s $6.6 billion round.) And $2.9 billion of that funding went to U.S.-based […]

© 2024 TechCrunch. All rights reserved. For personal use only.

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