Generative AI Startups Buck Funding Slowdown, raising $10 bn: GlobalData – Infotech Lead

Despite a slowdown in startup VC funding, the landscape for Generative AI (GenAI) startups presents a stark contrast. Startup funding has been subdued in 2023 with $224 billion in total venture capital funding (as on 8 December 2023). Total VC funding fell 65 percent in 2023 since 2021 when startups raised a record $655 billion.
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