AI investment continues to stagnate. Who are the survivors?

In line with the current state of capital markets, funding for artificial intelligence continues to slow, according to the latest quarterly State of AI report published by CB Insights.

Total funding in AI startups is down 31 percent since last quarter and at its lowest since Q3 2020. Mega funding rounds ($100M+) are down 39 percent quarter over quarter and at a nine-quarter low.

While the stagnation in AI funding will slow down the field, it is also forcing investors to focus more on AI initiatives that are more likely to reach a sustainable business model. A better look at the companies that are getting funding gives a sense of where the industry might be headed in the next few months.

Read the full analysis on TechTalks.

For more on AI business:

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• The growth stage of applied AI and MLOps

• A framework for enterprise AI adoption

• AI’s J-curve and upcoming productivity boom