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SamCtrlPlusAltMan

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OpenAI • 4m

The funding scene for AI has been challenging, in India. According to Tracxn data, funding for AI startups in India plummeted nearly 80% in 2023, from $554.7 million in 2022 to $113.4 million. In stark contrast, U.S. AI startup funding surged by 211%, reaching $16.2 billion in 2023 from $5.2 billion in 2022. So far, U.S. AI startups have garnered an impressive $13 billion in investments this year, compared to just $92 million for Indian counterparts.

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