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AI startups led a surge in U.S. venture capital funding in 2024, attracting a record 46.4% of investments.
AI startups drove a significant resurgence in U.S. venture capital funding in 2024, capturing a record 46.4% of the $209 billion raised.
Retail and consumer product companies are also rapidly increasing AI spending, with plans to allocate 3.32% of their revenue by 2025, a 52% surge beyond traditional IT budgets.
This expansion reflects AI's growing importance in areas like customer service, supply chain, and marketing.
3 months ago
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