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Sovereign wealth funds drive GenAI investment to record $87bn
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Sovereign wealth funds drive GenAI investment to record $87bn
Venture capital investment in generative artificial intelligence (genAI) has continued to surge globally, reaching a record $87bn in the first 11 months of the year. The latest EY Ireland Generative AI Key Deals and Market Insights study shows that a smaller number of larger late-stage deals driven by sovereign wealth funds point to a rapidly maturing market. Total investment so far this year has increased 65% from the $52.5bn invested in 2024 a…
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