California attracted more venture capital than all other 49 U.S. states combined in 2024, with startups in the state raising $366 billion, according to a Wall Street Journal analysis of data from PitchBook. The state's dominance is driven largely by artificial intelligence companies, which accounted for a significant share of the total investment.
Article URL: https://www.wsj.com/tech/ai/californias-ai-dominance-fuels-366-billion-venture-capital-bonanza-820e9bde
Comments URL: https://news.ycombinator.com/item?id=49383972
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