Source: https://news.crunchbase.com/sections/ai/

In 2023, many CISOs experienced reduced or frozen budgets, making it challenging for cybersecurity companies to close new deals as CISOs focus on essential security measures.

Source: https://news.crunchbase.com/sections/ai/

xAI, an artificial intelligence startup, raised $5 billion in November, doubling its valuation to $50 billion. This funding round, which includes investment from the Qatar Investment Authority, comes after a $6 billion round in May.

Source: https://news.crunchbase.com/sections/ai/

A report by McKinsey predicts that generative AI could have an economic impact of $2.6 trillion to $4.4 trillion annually, with 75% of that value coming from productivity gains in various industries.

Source: https://news.crunchbase.com/sections/ai/

The tech industry is adjusting to the end of the ZIRP era, with startups having to reassess their growth strategies and prioritize investments with clearer paths to profitability.

Source: https://news.crunchbase.com/sections/ai/

Source: https://news.crunchbase.com/sections/ai/

Global venture funding reached $28 billion in November 2024, a decrease from October but an increase from November 2023. Seed- and early-stage funding fell year over year, while late-stage funding doubled.

Source: https://news.crunchbase.com/sections/ai/

Tenstorrent, a chip startup led by Jim Keller, raised $693 million in a Series D funding, giving it a $2 billion pre-money valuation.

Source: https://news.crunchbase.com/sections/ai/

Investment platform Public secured $135 million in Series D-2 funding, led by Accel. The funding will support the growth of Public's AI-powered research features.

Source: https://news.crunchbase.com/sections/ai/

Wealth management startups are seeing an increase in funding, aiming to provide tools and investment vehicles to the general public, similar to those used by the ultra-rich.

Source: https://news.crunchbase.com/sections/ai/