Venture Capitalist Invest a Record $9.3B into AI Startups in 2018

Artificial intelligence is one of the most popular technologies of this modern era. The technology has attracted the attention of most of the leading technology companies and nations across the globe including China and the United States. Nations and companies that have ventured or invested in this technology are currently competing to see who emerges as the leader in this space. As such, artificial intelligence (AI) was a no-brainer bet for most humans in 2018. According to a recent report from both CB Insights and PricewaterhouseCoopers (PWC), venture capital financing of artificial intelligence companies increased by 72% last year, reaching a record of $9.3 billion.