UK funding for AI startups surges but still lags behind US Tech AI startups captured 25 per cent of all UK venture capital funding in 2024, totalling $15.9bn (£12.8bn) – a sharp rise from $3.1bn (£2.5bn) four years ago. Balderton Capital’s latest data shows that 2024 was the second best year on record for AI investment in the UK. The sector’s value has more than doubled in [...]
AI investor FOMO: Has AI supply outstripped demand? Opinion Investors are pouring billions into AI, but has supply now outstripped demand? Mike Smeed looks at how AI funding has become misbalanced.