Silicon Valley's startups attracted an impressive $90 billion in venture capital funding in 2024, accounting for 57% of the total $178 billion global investment. Leading this charge is OpenAI, which not only fuels a burgeoning local AI startup ecosystem but also secures massive funding for itself. Other notable firms include Databricks with $10 billion and Elon Musk's xAI, which raised $12 billion. The Bay Area's concentration of skilled tech talent and established startup infrastructure continues to make it a prime location for innovation and investment, with no signs of decline into 2025.