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AI sector draws $97B in Q3 VC funding
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AI startups attracted 46% of global VC funding in Q3, signaling strong investor conviction despite valuation concerns.
Global venture capital funding surged 38% in Q3 to $97 billion, with nearly half directed toward AI startups. Major beneficiaries included Anthropic ($13B), xAI ($5.3B), and Mistral AI ($2B). OpenAI’s record $500B valuation highlights investor conviction in AI’s disruptive potential. While some warn of overheating, the trend reflects deepening global belief that AI remains the dominant force shaping innovation, productivity, and long-term economic transformation across industries.