AI companies attract nearly $200 billion annually, with capital betting on the "artificial intelligence agency" track.

Jin10 data, October 9th – The German startup n8n is a company that helps businesses deploy AI agents, and it has successfully raised $180 million to compete in a fiercely competitive market that includes OpenAI. n8n stated in a press release on Thursday that this round of financing was led by venture capital firm Accel, with participation from Nvidia's investment arm NVentures, bringing n8n's valuation to $2.5 billion. This financing comes just seven months after the company's last funding round and ends a fierce bidding war among previous investors. Based in Berlin, n8n is one of many AI startups actively sought after by investors. According to Pitch Book data, AI companies have received $192.7 billion in venture capital so far this year, accounting for more than half of the total global funding. This frenzy has raised concerns about a bubble, as a substantial amount of capital is concentrated in an industry that has so far been minimally profitable.