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First and foremost, PGC it’s a meeting palooza – I received over 40 requests for meetings, mainly from game studios all over Europe. One trend that was prominent at the conference was the rise of generativeAI in gaming.
Global venture funding fell 42% year over years to $248.8 For example, Tiger Global, a crossover fund which was one of the most active venture investors in 2021 went from 194 deals in 2021 to a mere 20 in 2023 and has been trying to actively sell its positions in the secondary market at steep discounts to get liquidity.
His clients include global brands such as Citizen Watch, ExxonMobil and bva. AI is part of that story. Dale (03:16): Yeah, so Perplexity is one of many generativeAI search engines. This is John Jantsch. My guest today is Dale Bertrand. John (02:42): And we're all for years trained. There's no ads around it.
Cohere debuted Command-A , a generativeAI model aimed at complex enterprise tasks that can run on minimal compute. billion and Sony is experimenting with AI-powered characters on Playstation. AI inference spending expected to grow 70% YoY to $208.2B Interesting news in gaming: Niantic, Inc. to Saudi owned Scopely for $3.5
I was interviewed by TheMarker (Hebrew only) on why Israeli startups haven’t been part of the mega funding rounds in AI. Amidst this bleak funding environment, AI has been a saviour, reports the WSJ. Companies categorized as AI in Crunchbase raised $25 billion in the first half of 2023, representing 18% of global funding.
The picture that emerges is one of a major decline in venture activity (consistent, but a bit stronger than the declines in US and Europe), but on the other hand, we’re starting to see the signs of stability in the rate of decline. Two new industry reports paint the picture of the Israeli tech ecosystem in 2023.
The CrowdStrike global outage is estimated to have cost Fortune 500 companies $5.4bn. To add more heat, Microsoft launched generativeAI search results for Bing. Mistral AI released two new open-source LLM models (Nemo in partnership with NVIDIA ) and Large 2. Europe is definitely more than a few years behind on that.
Ori Goshen of AI21 Labs reveals what is broken in Enterprise AI and what’s needed for the next phase. Gigi Levy-Weiss predicts that the next 10 years will be all about the AI Agent Economy GLOBAL Accelerating Europe report (part 1 of 3) by Dealroom.co Lots of data here.
For you have, at your fingertips, a technology revolution that doesn’t come around more than once every few hundred years: Artificial Intelligence—or AI. We are not only entering the AIGeneration. You are the AIgeneration. You are GenerationAI. This brings us back to you, GenerationAI.
In the wider tech world, GenerativeAI startups raised $14.4B of global venture capital volume. There’s been huge progress in AI in the past two weeks including new models from Meta , Google DeepMind , OpenAI searchGPT and voice models, Hugging Face SlolLM. in Q2 2024 alone, which is 16.5%
According to Deloitte’s annual survey of Technology Fast 50 program executive leaders, the top ranked challenge facing the fastest-growing technology companies is attracting and retaining a qualified workforce, followed closely by developing new products and services and expanding globally.
Finally, Trump spoke with Putin and Zelensky and is going to work with both parties to negotiate an end to the war in Europe. ” – Steve Jobs NEW FUNDING ROUNDS Congrats Ido Wiesenberg and team Voyantis on securing a $41M series B to support companies with AI driven marketing spend and revenue prediction!
NVIDIA introduced the Jetson Orin Nano Super Developer Kit, a $249 compact generativeAI supercomputer that delivers significant performance gains at half the previous model’s price. NEW FUNDS Kudos Eitan Reisel and team vgames on your new $142M fund III to invest in global gaming companies!
It’s scary how Antisemitism has spread in Europe. Global VC hit a new high with $32 billion invested in October 2024, Bitcoin crossed the $75K mark since Trump became president, an all time hight. YoY in global VC funding from $28.7B YoY in global VC funding from $28.7B 94% YoY in AI funding in Oct.
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