Worldwide Investment in Startups and Scaleups Using AI:
- 2018 $72 billion
- 2019 $65 billion
- 2020 $69.5 billion
- 2021 $111.4 billion
- 2022 $47.5 billion (projected)
Benaich and Hogarth also looked at the prevalence of AI “unicorns” emerging across nations of the world. concluding the United States leads in these high-potential startups, followed by China and the United Kingdom. A total 292 AI unicorns emerged within the US in 2022, with a combined enterprise value of $4.6 trillion. Overall, they add, “despite significant drop in investment in US based startups and scaleups using AI, they still account for more than half of the AI investment worldwide.”
Also in 2022, the big tech companies continued to “expand their AI clouds and form large partnerships with AI startups,” Benaich and Hogarth state. ...
See the full story here: https://www.forbes.com/sites/joemckendrick/2022/10/15/pace-of-artificial-intelligence-investments-slows-but-ai-is-still-hotter-than-ever/?sh=1aca745c4c76