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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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Q3 2024 Quarterly Emerging Sector Analysis

VC Cafe

Media and Entertainment (includes Martech and Adtech) by Luma Partners LUMA Partners released their Q3 2024 Market Report for the Digital Media & Marketing sector. This capability could revolutionise content production and distribution for media and entertainment companies. billion in earn out based on performance.

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Why Generative AI’s impact on entertainment will come fast and hard

VC Cafe

However, the current hype around generative AI feels different. Naturally, a technology like generative AI has the potential to transform and impact many industries, if not all. Many intelligent individuals and consulting firms have written about various industries and their potential use cases for generative AI.

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Generative AI is giving a boost to the Creator Economy

VC Cafe

The renewed investor confidence in the creator economy can be attributed to several factors, with artificial intelligence (AI) playing a pivotal role. ” This integration of AI technologies is opening up new avenues for innovation and scaling within the creator ecosystem.

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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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There’s more to generative AI than picks and shovels

VC Cafe

It’s a bit crazy to think that even a year ago, the term ‘generative AI’ 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 generative AI startups, significantly surpassing last year’s $4 billion.

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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.