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North America takes the bulk of AI VC investments, despite tough political environment

Published 10 months, 1 week ago
Description

Despite what some experts have characterized as an environment increasingly hostile to AI R&D, North America continues to receive the bulk of AI venture dollars, according to data from investment tracker PitchBook. Between February and May of this year, VCs poured $69.7 billion into North America-based AI and machine learning startups across 1,528 deals.

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