Digital healthcare companies, by contrast, raised $1.4 billion in Q1, while cybersecurity companies raised just $528 million. AI's strong Q1 numbers were underpinned by several mega deals in the space, including a $153 million series B for UiPath, a $112 million series A for Pony.ai, and a $100 million growth round for C3 IoT. The flow of money into AI startups comes as sophisticated computing technologies such as machine learning, speech recognition and image recognition have graduated from the labs and made their way into the commercial market.