30/11/2023
๐๐ฏ๐๐ซ ๐ฐ๐จ๐ง๐๐๐ซ๐๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ ๐ฌ๐๐๐ฅ๐ ๐จ๐ ๐๐ ๐ข๐ง๐ฏ๐๐ฌ๐ญ๐ฆ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐๐?
As per the OECD's latest data, a staggering 21% of global VC funds in 2020, around $75 billion, was channeled into AI. This marks a significant leap from just 4% or $3 billion in 2012.
In the last year alone, VC funding in AI surged by 20%. It's clear that AI leaders have successfully pitched their visionary ideas, shifting the VC landscape dramatically.
The OECD's comprehensive study delved into over 8,300 AI firms globally, examining 20,549 transactions from 2012 to 2020, with data from Preqin, a private capital markets analyst firm based in London.
Where is this investment flowing? The and are leading the pack, securing over 80% of the global AI VC funds. The EU, mainly and , follows with 4%, and the and each hold 3%.
Note, this only includes VC funding, excluding organic investments.
Focusing on the growth trends, US-based AI firms have steadily attracted investments, totaling $42 billion in 2020.
Chinese firms saw a surge in 2017 and 2018, though investments slowed down in 2019, reaching $17 billion in 2020.
๐๐ก๐๐ง ๐ข๐ญ ๐๐จ๐ฆ๐๐ฌ ๐ญ๐จ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ-๐ฐ๐ข๐ฌ๐ ๐ข๐ง๐ฏ๐๐ฌ๐ญ๐ฆ๐๐ง๐ญ๐ฌ, ๐ ๐ฌ๐๐๐ญ๐จ๐ซ๐ฌ ๐ฌ๐ญ๐๐ง๐ ๐จ๐ฎ๐ญ :
๐. ๐๐ซ๐ข๐ฏ๐๐ซ๐ฅ๐๐ฌ๐ฌ ๐ฏ๐๐ก๐ข๐๐ฅ๐๐ฌ ๐๐ง๐ ๐ฆ๐จ๐๐ข๐ฅ๐ข๐ญ๐ฒ ๐ญ๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐ฌ attracted $19 billion in 2020 alone, and a total of $95 billion from 2012-2020. The majority of these investments are in the US and China.
๐. ๐๐ก๐ ๐ก๐๐๐ฅ๐ญ๐ก๐๐๐ซ๐, pharmaceutical, and biotech sector, boosted by the COVID-19 pandemic, drew in 16% of the total VC funds in 2020, doubling from $6 billion in 2019 to $12 billion.
๐. ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐ฎ๐ญ๐จ๐ฆ๐๐ญ๐ข๐จ๐ง, services aiming at efficiency and automation, accounted for 11% of global investments in 2020.
๐๐ก๐จ ๐ฐ๐ข๐ฅ๐ฅ ๐ซ๐ข๐ฌ๐ ๐ง๐๐ฑ๐ญ?
The dominant position held by the United States and China in AI is expected to diminish somewhat. The crucial question remains: who will rise next? This shift will reveal not only the new geographical hubs of technological innovation but also the emerging leaders in the field.