New report shows the staggering AI cash surge — and the rise of the 'zombiecorn'
A new report from Silicon Valley Bank shows that about 40% of the money raised by U.S. startups last year came from funds focused on AI.
There were four bank failures in 2024. The median number of failures since the FDIC was established in 1933 was 7 - so 2 failures in 2024 was below the median.
There were five bank failures in 2023…