Author(s): Dr. Mandar Karhade, MD. PhD.

Originally published on Towards AI.

I am going to be blunt: The picture is busy, but there is a ray of sunshine

Photo by MIOPS Trigger on Unsplash

According to CB Insights 2023 is already a record year for investment in generative AI startups, with equity funding topping $14.1B across 86 deals, as of Q2’23.

The top 5 companies

OpenAI ($10B corporate minority investment)Inflection ($1.3B Series B)Anthropic ($850M across a Series C and corporate minority round)Adept ($350M Series B)Cohere ($270M Series C)

All these funding rounds happened in the B and C series. When we look at the much smaller companies (Those are relevant to our current discussion and the… Read the full blog for free on Medium.

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Published via Towards AI