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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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Requests for Startups in 2024

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Commercial open source companies – being open source is a powerful way to gain developer adoption and sell to enterprises a lot sooner. Andreessen Horowitz Consumer Team Opportunities for startups I’m a big fan of the content A16Z has been publishing on generative AI over time.

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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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Weekly #Firgun Newsletter – November 29 2024

VC Cafe

Great stuff Dean Leitersdorf and team Decart on your $25M series A (weeks after a $21M seed) at a $500M valuation , to pioneer scalable, cost efficient generative AI training! Today is ‘Black Friday’ – what bargains are you shopping for? Mazel tov Ori Soen and team Montara on your $5.4M

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2023 Global Venture Reports were Gloomy, but there are reasons to be optimistic

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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.

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Weekly #FIRGUN Newsletter – October 25 2024

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The actual list is much longer: Runway launched Act-One Ideogram released new Canvas photo editing OpenAI launched Voice mode in EU Perplexity released Reasoning Mode Genmo released New open source AI video Mochi 1 But that’s all I have time to cover this week! AI companies have reached a combined value of $9 trillion.

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Generative AI mega rounds and opportunities for Israeli startups

VC Cafe

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.