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VC Fundraising Jumps As Investors Bet on ‘Transformative’ AI
- American startup investment in artificial intelligence (AI) reaches three-year high.
- Upwards of $30 billion invested in tech startups this quarter, with an additional $50 billion in fundraising.
- Investments focused on a few large private tech firms, such as OpenAI and Safe Superintelligence.
- FinTech sector experiences decline in funding as VC investors shift focus to AI companies.
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