Generative AI is monopolizing the investment landscape
Within the thriving AI ecosystem of Silicon Valley, Generative AI startups are monopolizing the VC investments by attracting about 40% ($11.9B out of $33.5B in the first six months of 2023). According to the new “Tech Scaleup Silicon Valley 2023 Report: The Rise of Generative AI” by Mind the Bridge with the support of Crunchbase presented at the Opening of the Scaleup Summit San Francisco, Silicon Valley remains the epicenter of innovation and it’s poised to play a central role in this new tech revolution.