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      LONDON, ENGLAND - JULY 24: A photo illustration of the new Twitter logo on July 24, 2023 in London, England. Elon Musk has revealed today a new logo for Twitter, which constitutes the letter 'X' as part of a rebrand of the company. (Photo Illustration by Dan Kitwood/Getty Images)

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altindex

  • Industrial sector beats out AI for top venture capital target

    Venture capital

    Industrials received the most venture capital funding of any sector since the start of the year, according to the latest data. Globally, industrial companies have raised $15.2bn (£12bn), 30 per cent more than AI startups and twice as much as healthcare companies. Data from Altindex revealed that since the beginning of the year, AI companies [...]

    While AI hysteria may have received a high share of hype, venture capital investors still have their eyes set on industrials.

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