
The Macro Brief – Funding the future
HSBC Global Viewpoint
Introduction
This chapter explores the importance of venture capital funding for technologies like artificial intelligence and generative AI. It discusses the impact of chat GPT's launch on investor interest in AI and highlights the influence of venture capital flows on equity markets, using the S&P 500 performance differential between tech and non-tech companies as an example. It emphasizes the need to monitor venture capital investments and funding flows as a valuable source of market information.
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