19
Jan
Over the past decade, artificial intelligence has rapidly advanced and achieved capabilities that seemed like science fiction just a few years ago. This unprecedented progress has captured the imagination of investors, resulting in record levels of funding pouring into AI startups. In 2023 alone, venture capital investment in AI companies totaled over $68.7 billion globally, more than doubling the previous year's figure. We have entered an era some have dubbed the "AI Gold Rush" - akin to the 19th century gold rushes that saw people flock to places like California and Australia in search of fortune. Just as those earlier…