California Draws More Startup Investment Than All Other 49 States Combined

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 Points: 3 Comments: 0