Pro Weekly: Third-Quarter AI Funding Falls, but There’s a Catch

Cohere's Aidan Gomez, Safe Superintelligence's Ilya Sutskever and World Labs' Fei-Fei Li. Photos via Flickr and Getty.

Fourth-quarter artificial intelligence funding is off to a big start with OpenAI locking in $6.6 billion in fresh capital this week. It’s the second-largest funding round we’ve ever recorded in our Generative AI Database, behind Microsoft’s $10 billion OpenAI investment in January 2023.

But let’s not get ahead of ourselves. The third quarter just ended, and there’s plenty of fresh data to digest from that period.