Funding for artificial intelligence companies in the United States has increased exponentially in recent years, growing from a little under 300 million U.S. dollars in 2011 to around 16.5 billion in 2019. Overall worldwide funding in AI startups amounted to approximately 26.6 billion U.S. dollars in the same year. Artificial intelligence refers to the creation of intelligent hardware or software able to replicate human behaviors such as learning and problem solving.
Machine learning applications most funded
Companies focusing on machine learning applications are the most funded in the artificial intelligence (AI) market. Machine learning application companies raised 37 billion U.S. dollars in cumulative funding as of September 2019. Other well-funded AI categories include machine learning platforms as well as computer vision applications and platforms. Intel Capital is the leading AI investor with a total of 60 investments in AI companies as of April 2021. 500 Startups, NEA and Y Combinator also rank high in terms of AI investment deals.
Artificial intelligence (AI) funding investment in the United States from 2011 to 2019
(in million U.S. dollars)
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CB Insights, & PwC. (April 13, 2020). Artificial intelligence (AI) funding investment in the United States from 2011 to 2019 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 13, 2024, from https://www.statista.com/statistics/672712/ai-funding-united-states/
CB Insights, und PwC. "Artificial intelligence (AI) funding investment in the United States from 2011 to 2019 (in million U.S. dollars)." Chart. April 13, 2020. Statista. Accessed November 13, 2024. https://www.statista.com/statistics/672712/ai-funding-united-states/
CB Insights, PwC. (2020). Artificial intelligence (AI) funding investment in the United States from 2011 to 2019 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 13, 2024. https://www.statista.com/statistics/672712/ai-funding-united-states/
CB Insights, and PwC. "Artificial Intelligence (Ai) Funding Investment in The United States from 2011 to 2019 (in Million U.S. Dollars)." Statista, Statista Inc., 13 Apr 2020, https://www.statista.com/statistics/672712/ai-funding-united-states/
CB Insights & PwC, Artificial intelligence (AI) funding investment in the United States from 2011 to 2019 (in million U.S. dollars) Statista, https://www.statista.com/statistics/672712/ai-funding-united-states/ (last visited November 13, 2024)
Artificial intelligence (AI) funding investment in the United States from 2011 to 2019 (in million U.S. dollars) [Graph], CB Insights, & PwC, April 13, 2020. [Online]. Available: https://www.statista.com/statistics/672712/ai-funding-united-states/