Q2 2022
September 7, 2022
AI startups face market realities as many struggle to reach outsized revenue projections in Q2
VC funding slid 27.8% quarter-over-quarter for AI & ML startups in Q2. Of the 70 product categories tracked by PitchBook, only 21 are on pace to grow in VC funding in 2022, driven by leading vertical applications including sales & marketing, information security, and drug discovery.
Our Q2 update of AI & ML Emerging Tech Research includes updated market size estimates and spotlights on private companies, including Databricks and DataRobot.
The report also tracks major industry trends—covering AI struggles in code completion, developments in streaming data pipelines, and how synthetic data is being used to simulate data for robotics and autonomous vehicle training.
Vertical overview | 3 |
Q2 2022 timeline | 4 |
AI & ML VC ecosystem market map | 5 |
VC activity | 7 |
Emerging opportunities | 14 |
Code completion | 15 |
Streaming data pipelines | 17 |
Synthetic data | 20 |
Select company highlights | 23 |
Databricks | 24 |
DataRobot | 27 |