Venture Funding Into AI And Machine Learning Levels Off As Tech Matures - Crunchbase News

A few years ago, Teslas driving down Sand Hill Road couldn't kick up a pebble and somehow not hit a founder--typically fresh out of a PhD program--talking about their new machine learning startup. "Machine learning" was the "blockchain" of its day. However, it appears as though venture funding into companies specifically focused on machine learning and AI and its applications has begun to level off, at least in the US. But that may not be such a bad thing. Before we discuss why that could be the case, let's take a look at the numbers.