Which Cities Could Challenge the Bay Area for AI Funding Supremacy

On March 4, 2025, North America sees strong competition in AI funding, with the San Francisco Bay Area capturing 73% of the investment. Notable companies such as Nvidia, OpenAI, and Google reside there. New York ranks second, securing nearly $5.8 billion in AI funding, which includes significant investments in AlphaSense, Insider, and Formation Bio. Southern California follows closely, attracting almost $4.8 billion, with major funding for Anduril Industries and others. Toronto also establishes itself as a key hub with over $2 billion in funding, highlighted by investments in Tenstorrent and Cohere. Austin, Boston, and Denver each surpass $1 billion in AI startup funding, with notable deals for Saronic, Liquid AI, and Crusoe Energy Systems. Future AI funding may redistribute as various regions develop industry-specific applications.

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