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.

2 months ago
140 Articles

Further Reading