Lionel Sujay Vailshery
Research expert covering cloud computing and emerging tech industries
Artificial intelligence (AI) funding and startups - statistics & facts
Riding proudly at the head of the rising AI market wave are the startups and pioneers in the industry. Since late 2022 the influence and importance of enterprises focusing on AI and the startups powering them has grown immensely. This renewed interest following a slump in 2021 came about by the release of ChatGPT and the pandora’s box of possibilities has already been opened to businesses and individuals alike. Leading the funding and acquisition of AI startups are the major tech companies, such as Amazon and Apple, many of whom have been acquiring dozens of AI startups in the last year. It is notable that Microsoft and Meta have acquired less companies in 2024 than before but that might owe much to their strong in-house development of AI.
