Deal activity in AI space showcased fluctuating trend in 2019 - GlobalData

VC funding and M&A deal activity in the AI space remained inconsistent in both value and volume terms during Q1 2019 – Q4 2019. However, despite the fluctuations, both VC and M&A deal volume showcased an increase in Q4 2019 compared to Q4 2018. In contrast, VC and M&A deal value declined in Q4 2019 compared to Q4 2018. Aurojyoti Bose, Lead Analyst at GlobalData, comments: "AI start-ups have been getting lots of VC investors' attention for the past few years. However, the growth in deal value has slowed recently, which seems to be a short-term phenomenon with long-term prospects likely to remain positive."