Sector Snapshot Key Trends in Dealmaking Artificial Intelligence

Sector Snapshot: Key Trends in Dealmaking 4 | Artificial Intelligence Early 2024 data shows a convergence in financing volume for enterprise and AI AI VC deal count by segment *As of 02/20/2024. Source: PitchBook. 2013 2018 2015 2020 2023 2014 2019 2016 2021 2024* 2017 2022 Artificial Intelligence &Machine Learning Enterprise Software Generative AI E-Commerce Enterprise Software Not AI Enterprise Software AND AI E-Commerce Not AI E-Commerce AND AI Generative AI Not AI 12,000 10,000 8,000 6,000 4,000 2,000 0 *As of 02/20/2024. Source: PitchBook. Capital concentrates overwhelmingly in North America, skewed by megadeals Share of AI &ML VC deal value ($B) by region 2013 2018 2015 2020 2023 2014 2019 2016 2021 2024* 2017 2022 North America Europe Asia Africa Middle East Oceania Rest of World 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0%