US startup funding drops 30% in 2023 despite AI frenzy – The Print

AI startups attracted one out of every three dollars invested in the U.S. last year, reflecting a surge in investor interest after OpenAI s ChatGPT grabbed the spotlight and startups raced to develop AI technology. The latest data, from a year in which megadeals in artificial intelligence captured the imagination of investors, shows a persistent decline from the peak of U.S. venture funding in 2021 when startups raised $348 billion.