"Despite a supposedly hostile environment for AI R&D under Trump, North America still attracts the majority of AI investment, totaling $69.7 billion between February and May."
"With significant VC funding, North America leads the way in AI investment, overshadowing both Europe and Asia, which received only $6.4 billion and $3 billion, respectively."
Despite a purportedly challenging climate for AI research and development, North America remains the top destination for venture capital investment in the AI sector, attracting $69.7 billion across 1,528 deals between February and May. In contrast, Europe received only $6.4 billion, and Asia even less at $3 billion. U.S. policies under President Trump have complicated the landscape for foreign students and sci-tech grants, prompting criticism from leading AI figures. Nonetheless, the venture capital landscape starkly favors North American firms, even as Europe seeks to bolster its own AI initiatives.
Read at TechCrunch
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