AI startups drive VC funding resurgence, capturing record US investment in 2024

Quick Summary:

Artificial intelligence startups have contributed significantly to the recovery of U.S.venture capital funding from market lows, with the total capital raised in 2024 nearly 30 per cent higher year-on-year, according to PitchBook data released on Tuesday.

AI startups also captured a record 46.

President-elect Donald Trump, with tech executives' involvement and tech and business friendly policies, is expected to set the stage for a renewed M&A and IPO market.

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Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: Companies Capital Cent 2023 Year Market Funding Raised Venture 2024 Billion

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-07 @ 22:03:05 (1 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 461 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 24960717

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About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 48 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 1 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #27

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