A total of $366 billion was invested in California startups, primarily driven by increased interest in artificial intelligence. This investment represents 90% of the venture capital allocated in the United States, despite concerns regarding taxes imposed on billionaires in the state.
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California Startups Receive $366 Billion in Venture Capital Amid AI Growth
California startups attracted $366 billion in venture capital, accounting for 90% of U.S. investments. This surge is largely attributed to the growing interest in artificial intelligence, even as billionaire tax policies face scrutiny.
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California's AI gold rush pulls in 90% of U.S. venture capital despite billionaire tax backlash
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California Startups Receive $366 Billion in Venture Capital Amid AI Growth