**AI Startups Defy Market Trends with $11.8 Billion in Funding**
Despite a general dip in venture capital funding, AI startups are thriving. Over the past 90 days, these companies secured $11.8 billion, making up 30% of all VC funding in Q3 2024, according to Stocklytics.
- **Investor Interest:** Despite challenges like U.S. export restrictions and valuation uncertainties, investor interest in AI remains robust.
- **Deal Count:** The number of deals fell by 28% year-over-year, but larger deals kept the sector's sentiment positive.
- **Yearly Trends:** Investors have poured nearly $53 billion into AI this year, up 35% from 2023.
AI and blockchain convergence is a hot area, with new funds like VanEck’s $30 million venture targeting early-stage AI and crypto startups.