Tech

ChatGPT set off a VC rush to invest in generative AI startups; PitchBook says AI startup investments grew from $1.5B in 2020 to $5.9B+ since the start of 2022 (Reuters)




Reuters:

ChatGPT has created a VC craze that invests in innovative AI startups; PitchBook says AI startup investments have grown from $1.5 billion in 2020 to $5.9 billion or more since early 2022— In December and January, several venture capitalists from the US and UK flocked to Paris to compete for shares…

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