Investment in AI startups slips to three-year low – TechCrunch

The fortunes of startups that leverage artificial intelligence have soared dramatically in recent years. These AI-powered startups have seen quarterly investment totals rise from a few hundred rounds and a few billion dollars each quarter to 1,245 rounds and $17.3 billion in the second and third quarters of 2019, according to data from CB Insights. The rise in dollars chasing AI startups has been huge, demonstrating strong venture capital interest in the cohort. But in recent quarters, the trend has slowed as VC deals for AI-powered startups fell off. The Exchange explores startups, markets and money.