⚠️ Generative AI funding reached new heights in 2024 In 2024, funding for generative AI reached unprecedented levels, totaling $56 billion across 885 deals, a 192% increase from 2023's $29.1 billion. Major investments included Databricks' $10 billion Series J and OpenAI's $6.6 billion round. Despite a surge in funding, concerns about market saturation and sustainability arise, as many startups focus on similar verticals. The U.S. dominated this investment landscape, attracting the majority of funds, while notable international players like Moonshot AI and Mistral also secured significant backing. Looking ahead, experts warn that technical challenges and high operational costs may hinder less-funded startups, especially as investor scrutiny on revenue growth intensifies. The infrastructure layer of generative AI, including data center startups, continues to thrive amid rising demand. 💬 Source 📌 Powered by V3V Ventures