The 16 most valuable global AI companies in sports, plus other takeaways from new data on VC investment in the sector ...Middle East

But in sports, interest in AI predates ChatGPT. While generative AI startups are attracting more investment overall, 2023 could be a notably slow year for venture capital investment in sports AI following several years of activity, according to new data from PitchBook. After a whopping $783.5 million of VC funding was channeled globally in 2022 into sports AI, only $152.7 has been invested in 2023 through mid-October, per PitchBook. The year could mark the lowest level of investment in the sector since 2018 when PitchBook tracked just under $200 million in VC activity. The number of deals has also fallen in 2023 from the more active years of 2021 and 2022. Both those years had 114 VC inve

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