Funding
AI venture funding continued to surge in third quarter, data shows
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As the rush towards AI-related companies continues on Wall Street, data from Crunchbase showed on Monday that the sector enjoyed a bulk of venture funding in the third quarter, with names including Anthropic raking in billions.
By the numbers
Global venture funding in the third quarter increased 38% year-over-year to $97 billion, increasing slightly from $92 billion in the second quarter.
About 46% of global venture funding for the third quarter went towards funding AI companies, with 29% invested in solely Anthropic.
The three largest venture rounds…
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