
How to read this finding
Funding depends on the source’s definition of AI companies and is not a revenue estimate. The acquisition figure is cumulative, and funding growth does not measure product success.
It reported more than $27 billion per year in AI themes, with almost 80% growth in FY2018 over FY2017 in the cited dataset.

Funding depends on the source’s definition of AI companies and is not a revenue estimate. The acquisition figure is cumulative, and funding growth does not measure product success.
Evidence you can use
Historical snapshot: June 2019. Dates and populations are specified per row.
| Measure | Reported value | Definition and source |
|---|---|---|
| Annual venture investment in AI themes | >$27B | Historical annual figure discussed alongside FY2018 growth.2019 report, PDF page 56 |
| FY2018 investment growth | Almost 80% | Compared with FY2017 in the cited dataset.2019 report, PDF page 56 |
| GAFAM AI-first acquisitions | 60 since 2010 | Cumulative count in the report; not acquisitions in 2019 alone.2019 report, PDF page 57 |
Funding depends on the source’s definition of AI companies and is not a revenue estimate. The acquisition figure is cumulative, and funding growth does not measure product success.
Historical snapshot published June 28, 2019. This web edition was prepared on 2026-10-11 from the online deck and original launch posts. Findings and forecasts retain their original time frame.
Benaich, Nathan, and Ian Hogarth. “How much venture investment did the 2019 report record?” State of AI Report 2019. Historical report snapshot; web edition prepared 2026-10-11.