#AI investments surged 62% to 0B in 2024 while startup funding declined 12%, says Dealroom

#AI investments surged 62% to $110B in 2024 while startup funding declined 12%, says Dealroom

Venture capitalists are gobbling up term sheets for startups peddling artificial intelligence, but they’re remaining picky when it comes to funding the wider spectrum of technology.  According to new figures from analytics firm Dealroom, AI startups raised $110 billion last year, 62% more than the year before. At the same time, privately-backed companies (startups and…

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#OpenAI plans to open an office in Germany

#OpenAI plans to open an office in Germany

OpenAI is expanding its footprint to Germany. According to a press release issued Friday, the ChatGPT maker plans to open an office in Munich in the coming months. “Germany is renowned for its technical expertise, academic excellence, and industrial innovation,” OpenAI CEO Sam Altman said in a statement. “Opening our first office in Germany means…

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