AngelCentral Deep Dive Series: Understanding and Investing in Generative AI Startups 2024

Description

According to a release by EY, venture capital investment in Generative AI projects reached $3 billion globally in the first quarter of 2024. Continuing these trends, total global investment is on track to surpass $12 billion by the end of the year, marking an almost 100% increase from the previous year. The Generative AI sector remains largely emerging, with over 75% of GenAI startups still in early stages or yet to secure any equity funding.