14 Nov 2024

The Top 50 AI startups 2024 by WriterBuddy & Sujan Sarkar

Here’s the link to the full study: https://lnkd.in/ewsGnfSV Key Findings - Total Funding: The top 50 AI companies raised $52.8B as of 2024, with a 600% surge in 2023 to $20.7B compared to 2020. - Total Valuation: The collective valuation stands at $358.37B, indicating strong market confidence. - Top Funded Sector: AI Infrastructure & Models led with $35.5B (67% of total), followed by Data & Analytics ($5.9B) and Defense & Security ($3.8B). - Geographic Insights: U.S.-based companies raised $49.4B (94% of total), followed by France with $1.3B. California attracted $47.9B, making it the leading AI hub. - Google Alumni Influence: Ex-Google employees led 14 companies, raising $14.7B (28% of total), with a combined valuation of $71.61B. - Most Funded Startups: OpenAI ($21.9B), Anthropic ($9.7B), and Databricks ($4B). - Top Unicorns: OpenAI ($157B), Databricks ($43B), and Anthropic ($40B). Among the top 50 companies, 29 are unicorns. - Notable CEOs: Sam Altman (OpenAI), Ali Ghodsi (Databricks), and Dario Amodei (Anthropic).

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