In 2024, U.S. AI startup funding reached a record $97 billion, with global investment focusing on AI

ChainCatcher news, according to Bloomberg, in 2024, U.S. AI startup funding reached $97 billion, accounting for nearly half of the total annual startup funding, setting a new record.

Several companies, including xAI and OpenAI, completed billions of dollars in funding, driving this growth. Global AI investment accounted for 35.7% of total venture capital. Meanwhile, startup funding in Europe and Asia fell to $61.6 billion and $75.9 billion, respectively, indicating that resources are increasingly concentrated in the AI sector.