Both private funding for startups and corporate mergers and acquisitions within the sector have decreased, reflecting a shift in investor sentiment.
While some AI ventures continue to attract significant investments, experts attribute the overall downturn to challenges in scaling AI technologies and a more cautious investment climate.
Generative AI stands out as a bright spot, experiencing exponential growth in funding despite lingering skepticism among corporate executives.
Amidst this market correction, some view the shift as necessary for a more sustainable investment landscape, predicting stable growth in the coming years.