Venture capital AI and ML semiconductors spending 2017-2021
In the midst of a global chip shortage, there has been a growing interest in advanced computing semiconductors capable of handling complex artificial intelligence and machine learning systems. In the first quarter of 2021, venture capital spending on AI and ML semiconductors reached over 1.78 billion U.S. dollars, surpassing the VC spending reported during the same period of the previous year by over one billion dollars.