AI Startup Funding Surges to $24 Billion in Q2

Investments in artificial intelligence dominate, driving overall startup funding growth despite broader market challenges.

AI sector saw the largest investment, with five out of six billion-dollar rounds going to AI companies.
Overall startup funding increased by 16% from the previous quarter, reaching $79 billion.
Top AI deals included $6 billion for Elon Musk's xAI and $1.1 billion for AI infrastructure provider CoreWeave.
Healthcare and biotech followed AI in investment volume, raising $17 billion.
Despite the Q2 uptick, global funding remains lower than past years, influenced by tight monetary policies and a slow IPO market.