Gen AI Startup Landscape in US

This AIM Research report highlights the rapid growth of Gen AI startups in the US, focusing on top vendors and key funding trends. It explores how Gen AI is transforming sectors like healthcare and finance, with investments expected to rise from USD 12 billion in 2023 to USD 15 billion in 2024.

 

 

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Gen AI Startup Boom in the US: Market Trends and Funding Insights

The Generative AI (Gen AI) landscape in the US is rapidly evolving, driven by advancements in machine learning, vast datasets, and a skilled workforce. With applications in industries like healthcare, legal, automotive, and finance, Gen AI startups are growing in number and impact. As funding increases from USD 12 billion in 2023 to a projected USD 15 billion in 2024, the focus on niche solutions is creating new innovation opportunities. This report covers the distribution of Gen AI startups across US cities, funding trends, and emerging sectors set to lead the next wave of AI-driven growth.

 

Key Highlights

  • The global Gen AI market is projected to grow from USD 39.2 billion in 2023 to USD 1082.4 billion by 2033. The market is anticipated to expand at a CAGR of 40.22% from 2024 to 2033.
  • Around 400 Gen AI startups currently operating in the US.
  • San Francisco comprises 53.1% of the Gen AI startups in the US, establishing it as a primary center for the startups and established players across the country.
  • Gen AI startups such as Safe Super Intelligence (SSI), Anthropic, Perplexity AI, Cohere have all received substantial funding in 2024.

 

Table of Contents

      1. Executive Summary

      2. Key Highlights

      3. Market Overview and Growth Analysis

  • Market Overview for Gen AI Startups
  • Distribution of Gen AI Startups across the US Cities

      4. Overview of Funding Trends

  • Funding Trends for Gen AI Startup Trends in the US
  • Gen AI Startups Receiving High Value Investment – 2024
  • Gen AI Startups across the US – By Valuation

     5. Insights into the Distribution of Talent Across the Gen AI Startups

  • Distribution of Talent Across Gen AI Startups

     6. Gen AI Startups in the US

 

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