AI Startups Received $2.9 Billion in Funding Last Quarter. These 3 U.S. Companies Received a Lot of It— And You’ve Probably Never Heard of Them.

OpenAI recently secured $6.6 billion in funding at a valuation of $157 billion, but it’s far from the only AI company with high fundraising potential. Investors poured $2.9 billion from July to September (Q3) of 2024 into the latest U.S.-based AI startups, per PitchBook data.

The three startups in the U.S. that received some of the most funding were software development AI startup Magic, enterprise ChatGPT startup Glean, and AI document search startup Hebbia, per TechCrunch. The three raised $320 million, $260 million, and $130 million respectively in the third quarter.

Magic is creating AI that can write code and Glean is working on an AI search app for businesses. Hebbia

→ Continue reading at Entrepreneur

More from author

Related posts

Advertisment

Latest posts

You Want to Grow Your Business — But Do You Have a Plan? Here Are The Proactive Steps You Need to Take to Succeed.

Opinions expressed by Entrepreneur contributors are their own. Across industries, there's a lot talk about the importance of a "growth mindset" for...

Olivia Nuzzi is out at New York magazine over undisclosed relationship with RFK | CNN Business

New York CNN  —  Olivia Nuzzi has parted ways with New York magazine, the publication said Monday, after the...

2 Ways to Declutter Your Day and Unleash True Creative Freedom

Opinions expressed by Entrepreneur contributors are their own. As an entrepreneur, it can be difficult to navigate the responsibilities of running a...