Source: Crunchbase
Summary
Crunchbase reports a record $189 billion in global venture capital funding for startups in the last month. AI startups received 90% of the total capital. This funding marks a significant increase in investments in the startup ecosystem.
Our Reading
The launch follows a familiar script.
AI startups are once again the darlings of the venture capital world, snagging 90% of the record-breaking $189 billion funding. Because what’s new is always what gets the money. This frenzy of funding is par for the course in the hype cycle. AI startups are the new “new thing.” Same script, different decade.
Author: Evan Null
