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Mar 31, 2023

Generative AI Drives Investments, Business Adoption, Public Concerns And New Products

Posted by in categories: business, finance, robotics/AI

The release of ChatGPT in late November 2022 lit a fire under the subdued venture capital sector, a hesitant business community, and the work of academics and regulators. While venture funding decreased by 19% from Q3’22 to Q4’22, AI funding increased 15% over the same period, according to CB Insights’ State of AI 2022 Report (annual AI funding dropped by 34% in 2022, mirroring the broader venture funding downturn). Looking specifically at generative AI startups, CB Insights found that 2022 was a record year, with equity funding topping $2.6 billion across 110 deals.


Everywhere you turn, you encounter generative AI.

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