Bergur Thormundsson
Research expert covering technology in the Nordics, AI and smart cities
Get in touch with us nowAs of 2023, the United States accounted for over 50 percent of the global funding for startups focusing on artificial intelligence (AI). As the economic situation has become more difficult throughout the world, most investors turn to the most reliable markets. In this, the strength of the U.S. dollar is a great boon to the United States, giving it an edge over Asia and Europe, though the two markets together still command nearly the same amount of funding strength. Europe has however been gaining on Asia in comparison, with the European funding in 2023 nearly matching pre pandemic levels.
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