Artificial intelligence (AI) is driving record revenues and funding across the tech sector.Taiwan Semiconductor Manufacturing Co. (TSMC) reported a 54% increase in quarterly profits, fueled by strong demand for AI chips.AI security firm AITX saw a massive 348% surge in revenue, reflecting the growing demand for automated security solutions.Relyance AI, a startup focused on AI governance, secured $32.1 million in funding to help enterprises navigate AI implementation and data protection.