This is a US news story, published by MSN, that relates primarily to AI news.
For more US news, you can click here:
more US newsFor more Ai startups news, you can click here:
more Ai startups newsFor more news from MSN, you can click here:
more news from MSNOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best tech news, business news, entertainment news, and much more. If you like this article about Ai startups, you might also like this article about
flourishing AI market. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest AI innovation news, AI companies news, news about Ai startups, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
AI fundingCityAM
•Technology
Technology
81% Informative
By 2024 , $11bn will have been invested in AI companies by European investors, $ 47bn by US investors.
Majority of this capital has been channelled into development, not deployment, of the technology.
Fear of missing out has led to an overfunding at the AI tooling layer.
At the same time, investors have largely overlooked the fundamental hardware and compute layer.
VR Score
83
Informative language
83
Neutral language
47
Article tone
formal
Language
English
Language complexity
68
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
medium-lived
External references
3
Source diversity
2
Affiliate links
no affiliate links