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Venture Capital Funding For Generative AI Startups Account For 40% Of All Cloud Funding
Venture capital funding for generative AI startups accounts for 40% of all cloud funding, according to Accel’s annual Euroscape report. Cloud startups in the U.S., Europe, and Israel are projected to raise nearly $80 billion this year, with AI driving much of this growth. Venture funding into the cloud sector grew 27% year-over-year, reaching ...
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