US AI & ML VC deal activity

The chart depicts US AI & ML venture capital deal activity from 2015 to 2025, showing deal value in billions of dollars alongside deal count. Total deal value reached an estimated peak of $222.1B in 2025 across 5,793 deals.
| Label | Value shown on the chart |
|---|---|
| 2015 Deal Value ($B) | 8.9 |
| 2016 Deal Value ($B) | 11.5 |
| 2017 Deal Value ($B) | 14.9 |
| 2018 Deal Value ($B) | 26.6 |
| 2019 Deal Value ($B) | 36.0 |
| 2020 Deal Value ($B) | 45.7 |
| 2021 Deal Value ($B) | 109.4 |
| 2022 Deal Value ($B) | 73.0 |
| 2023 Deal Value ($B) | 66.2 |
| 2024 Deal Value ($B) | 108.6 |
| 2025 Deal Value ($B) | 222.1 |
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