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* 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 ‘generativeAI’ in the mainstream. GenerativeAI is advancing at a breakneck speed.
The IVC-LeumiTech Israeli TechReview Q3/2024 full report will be published in October, but the preliminary numbers released today provide a reason for optimism, which is pretty remarkable, given the war. With attractive valuations and immense growth potential, the Israeli tech ecosystem remains resilient—no matter the circumstances.
New details about the real costs of training the model (much higher) and the source of the data (distilled from OpenAI against the T&Cs) are slowly surfacing, but it’s clear that Chinese AI startups are here to stay. The company claims its AI models rival those of top U.S. Let’s dig in to the main players.
In November 2022 I published a post titled “ generativeAI will go mainstream when it goes from playful to useful “, and I think you will agree that this transition is in full swing. 2023 was the year generativeAI went mainstream The pace of advancement in generativeAI has been astounding.
The Department of Defense has thought that Artificial Intelligence is such a foundational set of technologies that they started a dedicated organization- the JAIC – to enable and implement artificial intelligence across the Department. These technologies will transform businesses and government agencies. AI in National Security.
It’s only been a bit over a month since the start of 2025 past year has witnessed seismic shifts in technology, from breakthroughs in generativeAI to emerging solutions in climate tech and healthcare. This is an extension of the previous list with new sources and startup requests.
The costs later turned to likely be higher in reality, but the possibility of disrupting the dominance of US foundational models and the infrastructure they rely on (Nvidia) rattled the market and triggered a huge tech sell off and Nvidia’s loss of $650 billion in market cap in a single day.
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