The Dealroom report was commissioned to coincide with a week of AI events in Paris around the French government’s AI Action Summit. Part of the event’s agenda is focused on the question of how to champion more equitable AI development across more markets, beyond the U.S.
For those who believe AI companies are under-supported outside of that market, Dealroom’s figures lay bare how that works. A full 42% ($80.7 billion) of venture capital raised in the U.S. went to AI startups last year, compared to just 25% ($12.8 billion) in Europe, and 18% across the rest of the world. China was the standout last year with $7.6 billion invested.