Generative AI funding soared to $2.65B in 2022, across a record-high 110 deals


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Joaquim Cardoso MSC
February 1, 2023


SOURCE: 


CB Insights
February 1, 2023


One of the few bright spots of venture right now is generative AI.


In 2022, funding soared to $2.65B across a record-high 110 deals.

Today, the buzz is at a fever pitch.


Microsoft has invested billions in OpenAI. Companies like Anthropic and Character.AI are reportedly in talks to raise large rounds. 


Last year, Anthropic raised a $580M round from several angels including Sam Bankman-Fried, whose investment web we analyzed here.


Focus areas for generative AI investment include companies in text generation (most funding since 2021) and visual media generation (most deals since 2021). See more detail in the map below.

In our poll last week, readers voted that generative AI would be as big as the iPhone. If that’s the case, lots more dollars are going to flow to this space over 2023.


In our poll last week, readers voted that generative AI would be as big as the iPhone. If that’s the case, lots more dollars are going to flow to this space over 2023.

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