💲 One-Third of All 2024 Investments Went to AI
Artificial intelligence accounted for about a third of all venture capital investments in the US in 2024. These are seven AI-related companies that investors found the most attractive this year.
1️⃣ $12 billion Elon Musk's xAI raised two monster funding rounds of $6 billion each. Investors include Sequoia and Andreessen Horowitz funds, Morgan Stanley Bank, Nvidia, and the Qatar Investment Authority. xAI is now worth about $50 billion.
2️⃣ $10 billion was raised by cloud computing startup Databricks, coming from 12 investors in one round. The company's valuation today is $62 billion.
3️⃣ $6.6 billion was raised by OpenAI in October, making it the company's largest funding round ever. It is now valued at $157 billion and is among the top three most expensive startups in the world, along with SpaceX and TikTok parent company ByteDance. OpenAI also received $4 billion in credit funding.
4️⃣ $5.6 billion was received by Waymo, a startup developing autonomous driving technology. The company's value has reached $45 billion.
5️⃣$4.75 billion in venture capital and corporate funding was raised by Anthropic, the developer of Claude. Earlier this year, the company received a $750 million investment from Menlo Ventures and, in November, another $4 billion from Amazon Corporation. Anthropic is now valued at about $40 billion.
6️⃣ $1.1 billion was raised by CoreWeave, another startup specializing in cloud computing. The company is valued at $19 billion.
7️⃣ $1 billion at a $4 billion valuation was raised by Safe Superintelligence, an AI research lab of OpenAI co-founder Ilya Sutskever and investor Daniel Gross.
More on the topic:
➡️ Why Are Jeff Bezos and OpenAI Investing Millions in "Brains" for Robots?
➡️ Over $1 billion investment in an AI startup
#OpenAI #Musk @hiaimediaen
Artificial intelligence accounted for about a third of all venture capital investments in the US in 2024. These are seven AI-related companies that investors found the most attractive this year.
1️⃣ $12 billion Elon Musk's xAI raised two monster funding rounds of $6 billion each. Investors include Sequoia and Andreessen Horowitz funds, Morgan Stanley Bank, Nvidia, and the Qatar Investment Authority. xAI is now worth about $50 billion.
2️⃣ $10 billion was raised by cloud computing startup Databricks, coming from 12 investors in one round. The company's valuation today is $62 billion.
3️⃣ $6.6 billion was raised by OpenAI in October, making it the company's largest funding round ever. It is now valued at $157 billion and is among the top three most expensive startups in the world, along with SpaceX and TikTok parent company ByteDance. OpenAI also received $4 billion in credit funding.
4️⃣ $5.6 billion was received by Waymo, a startup developing autonomous driving technology. The company's value has reached $45 billion.
5️⃣$4.75 billion in venture capital and corporate funding was raised by Anthropic, the developer of Claude. Earlier this year, the company received a $750 million investment from Menlo Ventures and, in November, another $4 billion from Amazon Corporation. Anthropic is now valued at about $40 billion.
6️⃣ $1.1 billion was raised by CoreWeave, another startup specializing in cloud computing. The company is valued at $19 billion.
7️⃣ $1 billion at a $4 billion valuation was raised by Safe Superintelligence, an AI research lab of OpenAI co-founder Ilya Sutskever and investor Daniel Gross.
More on the topic:
➡️ Why Are Jeff Bezos and OpenAI Investing Millions in "Brains" for Robots?
➡️ Over $1 billion investment in an AI startup
#OpenAI #Musk @hiaimediaen