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Surge in A.I. Investments Defies Slump in Start-Ups.
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- Author(s): GRIFFITH, ERIN
- Source:
New York Times. 7/4/2024, Vol. 173 Issue 60205, pB1-B5. 2p.
- Subject Terms:
- Additional Information
- Abstract:
The article reports on the investment growth in artificial intelligence (AI) in the U.S. that has become the counterpoint to the downturn of technology start-ups. Among the AI companies that have raised funding are cloud computing services provider CoreWeave, data provider Scale AI and xAI. It shows the changed strategy of venture capital investors given the potential of AI technology and faster growth of AI startups.
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