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According to Crunchbase, #global #venture #funding in Q2 2023 fell 18% quarter over quarter to $65 billion. Thatโ€™s down 49% compared to the second quarter of 2022 when startup investors spent $127 billion.

Nearly a fifth of total global venture funding so far this year has come from the AI sector alone, due to OpenAIโ€™s ChatGPT launching in November.

Since Q3 2022, each quarterโ€™s global funding total has dropped by more than 45% year over year.

Source: https://news.crunchbase.com/venture/vc-funding-falling-report-data-q2-2023-global/?utm_source=cb_daily&utm_medium=email&utm_campaign=20230704&utm_content=intro&utm_term=content&utm_source=cb_daily&utm_medium=email&utm_campaign=20230703

#VC #venturecapital #AI #funding

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Mark Kalin

Achiever, Competition, Futuristic, Maximizer, Significance

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