All topicsSTATE OF AI REPORT. 2022

Products reach users as funding slows

The 2022 report showed research turning into products while the financing environment weakened. Coding assistance reached a paid offering, AI-first drug-discovery pipelines advanced, and investment estimates fell from the previous year’s peak. These were different measures of commercial progress.

Questions in this section

How did coding AI become a business in 2022?What did the 18 clinical assets represent?When did Copilot move from research preview to a public paid offering?Was the reported Copilot price a current price quote?What date did the clinical-asset snapshot use?Did 18 clinical assets mean 18 approved drugs?What did the projected 36% funding decline compare?Did the funding slowdown mean investment had fallen below every earlier year?

Code generation becomes a paid product

GitHub Copilot moved from a research-backed system into public commercial availability at $10 per month in the report’s account. It offered a concrete distribution channel for code generation inside developers’ existing tools, while usefulness still depended on reviewing the generated code.

Code generation becomes a paid product - 2022 report, slide 62
Code generation becomes a paid product. 2022 report, slide 62 (PDF page 62)

Drug-discovery companies build clinical pipelines

The report counted 18 assets in clinical trials from AI-first drug-discovery companies as of August 26, 2022. Trial entry was a meaningful development milestone, but the report expected early readouts in later years. The count did not establish that any particular program would succeed.

Drug-discovery companies build clinical pipelines - 2022 report, slide 63
Drug-discovery companies build clinical pipelines. 2022 report, slide 63 (PDF page 63)

Funding falls from the 2021 peak

Private companies using AI were projected to raise 36% less in 2022 than in 2021, while remaining above 2020 levels. The dataset included both AI-first and AI-enabled companies, and the full-year amount was estimated rather than final.

Funding falls from the 2021 peak - 2022 report, slide 70
Funding falls from the 2021 peak. 2022 report, slide 70 (PDF page 70)

A clinical pipeline was a portfolio of unresolved outcomes

The 18-asset count showed AI-first drug-discovery companies moving candidates into clinical testing. It did not mean 18 successful treatments. The distinction matters when comparing scientific progress with business traction: pipeline growth can precede both clinical readouts and evidence of commercial benefit.

Evidence you can use

AI business in the 2022 report

Historical snapshot: October 2022. Dates and populations are specified per row.

AI business in the 2022 report
MeasureReported valueDefinition and source
Copilot individual price$10/monthHistorical public offering discussed in 2022.2022 report, slide 62 (PDF page 62)
AI-first drug-discovery clinical assets18Pipeline snapshot updated August 26, 2022.2022 report, slide 63 (PDF page 63)
Projected AI startup funding change-36%2022 estimate versus 2021, including AI-first and AI-enabled companies.2022 report, slide 70 (PDF page 70)

Prices are historical. Clinical assets are not approved therapies, and partial-year funding estimates should not be represented as final full-year totals.

Frequently asked questions

Sources and dates

Historical snapshot published October 11, 2022. 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.

  1. 2022 report, slide 62 (PDF page 62)Original 2022 report. Printed slide numbers match PDF pages.
  2. 2022 report, slide 63 (PDF page 63)Original 2022 report. Printed slide numbers match PDF pages.
  3. 2022 report, slide 70 (PDF page 70)Original 2022 report. Printed slide numbers match PDF pages.
  4. State of AI Report 2022: online slides
  5. Air Street Press launch essayOctober 11, 2022.
  6. Welcome to State of AI Report 2022Original website launch post, October 11, 2022.

Cite this page

Benaich, Nathan, and Ian Hogarth. “Products reach users as funding slows.” State of AI Report 2022. Historical report snapshot; web edition prepared 2026-10-11.