Tuesday, January 7, 2025

PitchBook: US startups raised $209B in 2024, up ~33% from 2023; AI startups raised $97B, the largest portion on record; VCs raised $76.1B, the lowest since 2019 (Sarah McBride/Bloomberg)

Sarah McBride / Bloomberg:
PitchBook: US startups raised $209B in 2024, up ~33% from 2023; AI startups raised $97B, the largest portion on record; VCs raised $76.1B, the lowest since 2019  —  VC investors piled into AI megarounds in the US last year.  —  Venture capitalists put $97 billion into artificial intelligence startups …



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OpenAI, Anthropic, and Google's enterprise push with PE firms poses a new competitive threat to India's IT industry, as services become increasingly automatable (Moneycontrol)

Moneycontrol : OpenAI, Anthropic, and Google's enterprise push with PE firms poses a new competitive threat to India's IT industr...