America's AI boom is carrying more than investors admit

The U.S. AI sector is growing faster than investor reports acknowledge. A 2024 report by McKinsey found AI startups in Silicon Valley and Austin raised $12 billion in funding. The data shows 45% of new AI ventures in the U.S. are in hardware-focused domains. These ventures include companies like OpenAI, Anthropic, and Nuro. The surge is driven by demand for real-time AI processing in industrial and healthcare settings. Investors have underestimated the scale of deployment in enterprise environments.