Global Investment In AI Takes A Hit — Report.

Analytics company CB Insights reports that investment in Artificial Intelligence (AI) has declined worldwide, plummeting 34% last year to $45.8 billion.According to its analysis, the decline directly corresponds to the broader venture-funding slowdown recorded in 2022. The total number of AI deals was also down for the year by 10% to just 2,956. The funding slightly rebounded in the fourth quarter, reaching $9.3 billion. However, the number of deals continued to decline during the period.The report highlighted that, in 2022, the total number of AI unicorns reached 166, with 34 new additions. The number of mega-rounds in 2022 plummeted from the previous year’s record high to just 115, a 39% drop. Those deals reportedly represented $21.8 billion in funding, down 47% in annual terms.

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