There's been much talk of a resurgent San Francisco with the new technology wave of artificial intelligence washing over the software world. Indeed, Crunchbase funding data as well as interviews with startup investors and real estate industry professionals show the San Francisco Bay Area has become the undisputed epicenter of artificial intelligence. Last year, more than 50% of all global venture funding for AI-related startups went to companies headquartered in the Bay Area, Crunchbase data shows, as a cluster of talent congregates in the region. Beginning in Q1 2023, when OpenAI's ChatGPT reached 100 million users within months of launching, the amount raised by Bay Area startups in AI started trending up. That accelerated with OpenAI raising $10 billion from Microsoft ' marking the largest single funding deal ever for an AI foundation model company. In that quarter, more than 75% of AI funding went to San Francisco Bay Area startups. !function(e,n,i,s){var d="InfogramEmbeds";var...
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