AI Startups Capture Record Share of Flat Monthly VC Funding; Concerns of Bubble Rise
• Global VC funding totaled $21.5B in February 2024, flat from January and up slightly year-over-year • AI companies captured over 20% of funding, significantly higher than January and February 2023 • Epic Games raised a $1.5B round from Disney at a $22.5B valuation • Moonshot AI, a 1-year-old AI startup, raised $1B Series B at a $2.5B valuation • Concerns rising about an AI bubble due to massive valuations and quick, large funding rounds