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The ever growing Israeli Generative AI landscape April 2023

VC Cafe

* Originally published on Calcalist , April 20 2023 Since the day ChatGPT was introduced in November 2022, it has become the fastest growing consumer product, putting the words ‘generative AI’ in the mainstream. Generative AI is advancing at a breakneck speed.

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18 years of VC Cafe

VC Cafe

This is a game changer in so many levels, one I started writing about in 2019 (when we at Remagine Ventures made our first investment into HourOne). Back then, we called it synthetic media, and over time we evolved to calling it creative automation and now you’d have to live under a rock to not know about generative AI.

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Emerging Manager Mode: The VC’s version of “Do things that don’t scale”

VC Cafe

For example, our focus at Remagine Ventures on gaming, generative AI, and entertainment tech enabled us to create a relevant, focused network of founders, operators, co-investors and strategics who are active in our verticals. As a result, we started investing in generative AI in 2019, as a way to scale content creation.

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Israeli startup landscape collection 2023 edition

VC Cafe

You can find the previous editions from Q3-Q4 2022 , Q1-Q2 2022 , July 2021 , July 2020 and May 2019. The Israeli Generative AI landscape. I published my first list of Israeli startups in Generative AI in Calcaslist back in October 2022. The Israeli startups building the Metaverse (updated Jan 2023).

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Investing in Generative AI tools

VC Cafe

billion on 78 generative AI deals —almost as much as was invested in all of the previous 5 years combined, according to PitchBook data. According to a new industry report by Skyquest , AI will contribute $15.7 The global generative AI market was valued at USD 8.12 In 2022, VCs poured $1.37

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Textio’s Founder Kieran Snyder on the Two Advantages Startups Have in AI (While Remaining Skeptical Of The Funding Gold Rush)

Hunter Walker

Textio relied on both of these strategies for a few years before launching our first truly generative AI capabilities back in 2019. Customers know what they’re getting when they first use the product and can make an informed choice. HW: Textio is open to remote hires from a specific set of states which I found interesting.

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The Art of Non-Consensus Investing: Unlocking Venture Capital’s Hidden Gems

VC Cafe

That led us to start investing in generative AI in 2019 (consider that ChatGPT only came out in November 2022, that’s pretty early). Our first investment in this space was Hour One , the AI avatar text to video company.