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The future of search is being reinvented with generative AI

VC Cafe

Global search engine market share in May 2023 (source) However, since the introduction of ChatGPT in November 2022, user habits (and perhaps expectations) began to change. It felt like magic to just type a question in natural language and have the answer formatted, generated, and iterated, on the spot.

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ChatGPT for Enterprise is Ready. But are Enterprises ready to adopt Generative AI?

VC Cafe

“Since ChatGPT’s launch just nine months ago, we’ve seen teams adopt it in over 80% of Fortune 500 companies” OpenAI blog OpenAI announced this that ChatGPT Enterprise is now available , offering better data protection/privacy, more security, improved speed/performance and longer context windows.

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Has Generative AI hype peaked?

VC Cafe

Is generative AI headed in the same direction? Generative AI, on the other hand, seems to be going from strength to strength. After slowing down its growth rate over the past three months, ChatGPT saw a 9.7% Have we reached generative AI peak? The post Has Generative AI hype peaked?

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Generative AI: Incumbents vs. Upstarts

VC Cafe

There’s an interesting thing happening in the generative AI world. More and more, established companies are leaning into generative AI by either adding generative AI features to their existing suite of tools or partnering with AI companies (mostly OpenAI or the open source HuggingFace) to launch entirely new products.

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The Israeli Generative AI startup Landscape (Sep 2023)

VC Cafe

So much has happened in the generative AI space globally, and in Israel since we published the previous version of the Israeli generative AI landscape, back almost exactly five months ago. So far in 2023, generative AI startups raised $16 billion, according to Dealroom. billion, a 2.5x

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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 The launch of ChatGPT (based on GPT-3.5)

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Generative AI and the future of content creation

VC Cafe

The fields that generative AI addresses—knowledge work and creative work—comprise billions of workers. Generative AI can make these workers at least 10% more efficient and/or creative: they become not only faster and more efficient, but more capable than before. Sequoia, Generative AI: A Creative New World.