The 48% decline in investment to $173.9 billion and the 19% drop-off in deal numbers comes despite huge interest in artificial intelligence (AI) startups sparked by the success of OpenAI's ChatGPT.
Investors poured more than $40 billion into AI startups in the past six months, the data showed. That includes a $10 billion investment by Microsoft in OpenAI and $1.3 billion in funding for rival Inflection AI.
By region, Latin America had the biggest drop with an 86% slump while the US and Europe fell 65% and 69% respectively.
Bu hikaye Mint Mumbai dergisinin July 07, 2023 sayısından alınmıştır.
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Bu hikaye Mint Mumbai dergisinin July 07, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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