On January 5th, according to data collated by financial tracker PitchBook for TechCrunch, global generative artificial intelligence companies raised $56 billion from venture capital in 2024, involving 885 deals. The total amount of cash set a new record in the field. This is a 192% increase compared to 2023, when investors put $29.10 billion to 691 deals in generative AI startups. The transaction value in the fourth quarter of 2024 soared to $31.10 billion, mainly due to the completion of some large financing, such as Databricks' $10 billion Series J financing, xAI's $6 billion Series C financing, Anthropic's $4 billion strategic investment from Amazon, and OpenAI's $6.60 billion financing.