CB Insights: AI startup funding hit new high of $26.6 billion in 2019

“As part of an annual look at global AI investment trends, CB Insights today reported that AI startups raised a record $26.6 billion in 2019, spanning more than 2,200 deals worldwide. That’s compared to roughly 1,900 deals totaling $22.1 billion in 2018 and about 1,700 deals totaling $16.8 billion in 2017.”

https://venturebeat.com/2020/01/22/cb-insights-ai-startup-funding-hit-new-high-of-26-6-billion-in-2019/

1 big thing: The world is catching up on AI

  • “Last year for the first time ever, the U.S. share of global artificial intelligence startup funding deals fell to less than half the world’s total.
  • The U.S. was home to nearly 75% of all deals in 2013, data shows, but is fast losing share in the startup market — a key driver of innovation.
  • The total amount of funding is still tilted heavily toward the U.S. — with the exception of a handful of Chinese mega-companies like TikTok owner ByteDance, which is the top-funded AI startup in the world. The U.S. funding lead is likely to continue because of its concentration of AI experts.”

https://www.axios.com/newsletters/axios-markets-43c67615-4f0c-4d79-93fc-a4fe86169ccc.html

Infographic: State of Artificial Intelligence

Here’s another artificial intelligence (ai) infographic that I found on the Appcessories site. Click the infographic below to view the full size version. It is based on data and analysis from Venture Scanner, an analyst and technology powered startup research firm. 

Information includes: Artificial Intelligence Market Overview, Company Count by Artificial Intelligence Category…plus a breakdown by funding, investing, longevity and headcount.