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In December 2022, just a month after the introduction of ChatGPT, Google understood the risk as well and launched a ‘code red’ – a company-wide emergency effort to tackle generativeAI and come back with an adequate response to ChatGPT and Microsoft Bing.
But substantial investments are also being deployed into emerging startups, particularly into vertical applications. This trend is evident in the success of companies like DeepL (translation), Speak (language learning), and Retell AI (call centres). Vertical Applications Taking Off. Google paid $2.6
Paul Graham’s recent essay, Founder Mode , describes the mindset that founders need to adopt to navigate the early stages of building a startup, and how they’re different than ‘manager mode’ which is traditional management/corporate best practices.
billion invested in coding agents and co-pilots alone, with Google, Salesforce, Meta, and other incumbents heavily investing in Agentic AI. When it comes to GenerativeAI, the incumbents are not resting on their laurels. Google is also leaning in on AI Agents. Since then, we’ve seen approximately $1.5
So much has happened in the generativeAI space globally, and in Israel since we published the previous version of the Israeli generativeAI landscape, back almost exactly five months ago. We’ve seen new foundational models, open source LLMs and all sorts of new companies building the co-pilots for every category.
Iuri Struta , S& P Global ( source ) I was listening to Bret Taylor , the founder and CEO of Sierra, former co-CEO of Salesforce, ex CTO of Facebook and current chairman of OpenAI on the 20VC podcast. The Modern AI Stack – Menlo Ventures ( source ) If not LLMs, where will the value accrue in GenerativeAI?
It’s a bit crazy to think that even a year ago, the term ‘generativeAI’ was not exactly on everyone’s lips. To put things in context, let’s start with the basics: 2023 witnessed an impressive influx of $15 billion invested in generativeAI startups, significantly surpassing last year’s $4 billion.
I’ve written about Agentic AI on VC Cafe in May 2024 and specifically about AI agents as the evolution of RPA (robotic process automation) in September 2024. But first, a refresher on what is Agentic AI , how it’s different and why VCs are all of a sudden so excited about it. What’s Different About Agentic AI?
Mira Murati , co-founder and CTO of OpenAI announced she’s leaving as well as the company’s head of research. YouTube launched a bunch of generativeAI video capabilities for creators and Google made several upgrades to the impressive NotebookLM. So far it hasn’t deterred the investors putting $6.5
But in the coming age of generativeAI, endless synthetic content and misinformation – there might be an opportunity for traditional media companies to regain their reputation as a 4th branch within a democracy. How can media companies transform generativeAI from threat to opportunity ?
” Des Traynor, co-founder of Intercom AI startups attracted a record 46.4% Sarah Guo and Conviction Capital Sarah Guo is the founder of Conviction, an early stage VC fund, Embed is an acceleration program launched by Conviction, investing $150K into pre-seed AI startups.
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