In the third quarter of 2020, funding for artificial intelligence (AI)-focused companies reached 4.7 billion U.S. dollars in the United States. This quarter’s funding was the second largest over this four-year time period. Overall, artificial intelligence funding investment in the U.S. has significantly grown over the past few years.
AI investment in the U.S.
The United States leads in private investments in AI when compared with other regions around the world, especially considering that the top three investors for AI investments in the world are U.S. companies, namely Intel Capital, 500 Startups, and Y Combinator. The U.S.’s dominance in AI investment contributes to its increased role in the global AI industry. When compared with other countries, it is deemed as the most AI-ready government, which means that the U.S. is considered the country best situated in the world to implement AI within public services, from healthcare to education to transportation. Moreover, North America currently makes up the region with the most AI patent publications, which may also contribute to the U.S.’s dominant role in AI.
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CB Insights, & PwC. (October 21, 2020). Artificial intelligence (AI) funding investment in the United States by quarter from 2016 to 2020 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/940388/ai-funding-united-states/
CB Insights, und PwC. "Artificial intelligence (AI) funding investment in the United States by quarter from 2016 to 2020 (in million U.S. dollars)." Chart. October 21, 2020. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/940388/ai-funding-united-states/
CB Insights, PwC. (2020). Artificial intelligence (AI) funding investment in the United States by quarter from 2016 to 2020 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/940388/ai-funding-united-states/
CB Insights, and PwC. "Artificial Intelligence (Ai) Funding Investment in The United States by Quarter from 2016 to 2020 (in Million U.S. Dollars)." Statista, Statista Inc., 21 Oct 2020, https://www.statista.com/statistics/940388/ai-funding-united-states/
CB Insights & PwC, Artificial intelligence (AI) funding investment in the United States by quarter from 2016 to 2020 (in million U.S. dollars) Statista, https://www.statista.com/statistics/940388/ai-funding-united-states/ (last visited November 23, 2024)
Artificial intelligence (AI) funding investment in the United States by quarter from 2016 to 2020 (in million U.S. dollars) [Graph], CB Insights, & PwC, October 21, 2020. [Online]. Available: https://www.statista.com/statistics/940388/ai-funding-united-states/