North American startup funding hits $92B in Q3, with $61B going to AI

Crunchbase News says U.S. and Canadian startups raised about $92B in Q3, down 35% from Q2 and up 50% year over year. About $61B went to AI rounds, roughly two-thirds of the total. There were 11 acquisitions at $1B or more, and 17 venture-backed IPOs raised just under $4B combined.

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