Global venture capital (VC) investment in generative artificial intelligence (GenAI) surged to $49.2 billion in the first half of 2025, outpacing the total for all of 2024 ($44.2 billion) and more than double the total for 2023 ($21.3 billion), revealed a study.

According to EY Ireland's latest Generative AI Key Deals and Market Insights study, the sharp rise in o