Artificial intelligence has captivated deep-pocketed investors throughout 2023, as they continue to bankroll startups hawking solutions based on the technology.
This year alone, one in every four dollars that went into the pocket of an American startup was related to Al, per Crunchbase data. And according to McKinsey data, Al startups garnered over five times as much funding in the first half of 2023 as they did over the same period in 2022.
As fashion, apparel and logistics companies continue to adopt Al and partner with third parties for specific use cases, a number of startups focusing on Al in these industries have received funding… Read more >
