Both private investment ' that is, investments in startups from VCs ' and corporate investment ' mergers and acquisitions ' in the AI industry were on the downswing in 2023 versus the year prior, according to the report, which cites data from market intelligence firm Quid. AI-related mergers and acquisitions fell from $117.16 million in 2022 to $80.61 million in 2023, down 31.2%; private investment dipped from $103.4 million to $95.99 million. Factoring in minority stake deals and public offerings, total investment in AI dropped to $189.2 billion last year, a 20% decline compared to 2022. Yet some AI ventures continue to attract substantial tranches, like Anthropic's recent multibillion-dollar investment from Amazon and Microsoft's $650 million acquisition of Inflection AI. And more AI companies are receiving investments than ever before, with 1,812 AI startups announcing funding in 2023, up 40.6% versus 2022, according to the Stanford HAI report. 'The count of billion-dollar...
learn more
