Posted 4/15/2024, 5:00:00 AM
U.S. Dominates $36B Generative AI Funding Race While Top European Firms Look West
- The U.S. dominates in generative AI funding, with over $36B raised vs $3.2B in Europe/Israel
- Within Europe, Israel, Germany and France lead in homegrown generative AI companies
- OpenAI (U.S.) is the highest funded generative AI company globally at $12.3B
- Aleph Alpha (Germany) leads European companies with $641M raised
- 7 European generative AI firms have moved to the U.S., raising $1.7B there