8 Charts That Explain 2023

Say this for 2023—it was better for tech than 2022 was. Shares of the biggest tech companies recovered, while Nvidia’s soared, boosting the chipmaker’s market capitalization past $1 trillion. There were even a handful of initial public offerings. Chatbots powered by artificial intelligence—most notably OpenAI’s ChatGPT—captivated the public.

That said, the news wasn’t all good. Venture investments in startups fell for a second consecutive year, despite a surge of investment in AI. A growing number of startups raised new funding …

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