The year 2023 saw a surge in funding for artificial intelligence (AI) startups, with eight deals of at least $500 million or more completed. The largest deal was a $10 billion investment into OpenAI by Microsoft, followed by a $4 billion deal between Anthropic and Amazon. Anthropic also secured a $2 billion investment from Google. Other notable deals included a $1.3 billion round for Inflection AI led by Microsoft, a $1.1 billion round for Metropolis, and a $685 million round for Databricks. Corporates dominated AI investing, with Microsoft, Amazon, and Google all making significant investments.