This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
* 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.
OpenAI for enterprise key features: Enhanced privacy, SOC2 No usage caps performs up to two times faster 32k context in Enterprise, allowing users to process 4x longer inputs or files Samsung Electronics, Google and others have restricted employees from using generativeAI bots for fear that confidential information will be leaked.
Despite the war, in the last nine months Sequoia , Greylock and Accel all opened offices in Israel, and Founders Fund appointed a partner to cover Israeli deals. While geopolitical challenges persist, strong companies are still being built, and Israel remains a global center of innovation.
As generativeAI becomes more widely accepted, many leaders in the nonprofit and charity sector are no longer asking whether they should use it, but rather where else they can use it. Issues around generativeAI are rife in every industry, but there are enough parallels to see trends in both opportunities and cautionary tales.
Media and Entertainment (includes Martech and Adtech) by Luma Partners LUMA Partners released their Q3 2024 Market Report for the Digital Media & Marketing sector. There is an increasing convergence of content generation, data & identity, and marketing automation , driven by AI.
While it is going through a challenging period now, Israel continues to stand as a powerhouse of innovation and technology, ranking 6th in global innovation according to Global Finance. But VC Cafe’s reach extends beyond the Israeli tech scene, providing me with a unique lens into the evolution of global tech megatrends.
One trend that was prominent at the conference was the rise of generativeAI in gaming. Highlights from the report: Global gaming industry saw record year with over 1300 deals and $127B in disclosed deal value.
” And the best three VC vintages in the last 25 years came in the three years after the global financial crists – 80% of those returns came from emerging managers. As a result, we started investing in generativeAI in 2019, as a way to scale content creation.
The trend extends globally, with creator startups worldwide raising approximately $767.9 The renewed investor confidence in the creator economy can be attributed to several factors, with artificial intelligence (AI) playing a pivotal role. million during this period, marking a 49% year-over-year growth.
Way to go Itamar Golan and team Prompt Security on your $18M series A to help companies secure their generativeAI tools! series A to help authors self-publish their books with the help of AI! Great milestone Dvir Hoffman and team CommBox on your $15M series B to build the future of customer experience powered by AI!
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.
Process Automation and Efficiency AI can automate repetitive tasks, such as data entry and generating reports, to free up staff and volunteers for activities that require a human touch. AI can also reduce errors and eliminate redundancies. Again, human oversight is a crucial element in a successful AI strategy.
The world’s first AI audio-to-video foundation model designed to generate UGC content. Freepik partnered with Google to integrate Veo 2 , and now it supports image-to-video. Cohere debuted Command-A , a generativeAI model aimed at complex enterprise tasks that can run on minimal compute.
The conference took place during a challenging time for gaming startups: in the same week Playtika, the largest gaming employer in Israel, announced it was laying off 615 people globally, of which 180 are in Israel. Israeli gaming startups generated $8.6 Global gaming revenues. GenerativeAI for games market map ( source ).
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. The US currently has more than 2.5x
Finally, Walmart’s CEO Doug McMillon just reported that the company is using generativeAI to increase its productivity, updating 850 million product catalog entries 100 times faster than human-led methods. Perplexity answered ~250M queries in July vs. 500M in all of 2023. Anduril Industries raised $1.5 for its defence tech.
Global: From VC Cafe : consumer startups still got Mojo! Top 10 Emerging Technologies of 2024 by World Economic Forum AI’s $200B question has turned into AI’s $600B question by David Cahn MEDIA OF THE WEEK We remember the important words and legacy of the late Rabbi Lord Jonathan Sacks as we combat the ever-growing virus of antisemitism.
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.
VCs see Agentic AI as $4 Trillion Opportunity “A multi-trillion-dollar opportunity to reimagine software, services, and work” Insight Partners A new report by Battery Ventures is calling it the Coming AI Market “Supercycle”. This isn’t just automation ; it’s autonomous problem-solving.
Marketing is particularly well suited for adopting generativeAI because it is an iterative, creative, and dynamic practice that relies on the types of media — texts, images, video — that have driven LLM development. This is one of the reasons why many of the first B2B GenAI use cases were for marketing!)
To stay competitive, several of these startups are shifting strategies: MiniMax is focusing on international expansion with its AI conversation app, Talkie , targeting U.S. Baichuan AI is pivoting toward specialized AI models for finance and healthcare. and European enterprise markets.
No need to leave the couch to find a potential partner, just sit and swipe in your comfy tracksuit pants. The market size is over $US10 billion globally in revenue. An AI girlfriend who is there for her “partner’s” every beck and call, giving him (and it is mostly men), the kind of response he wants, every single time.
Meta is on track to become the most used open source AI by the end of the year. Meta is on track to become the most used open source AI by the end of the year. And so much more it’s genuinely hard to keep up… QUOTE OF THE WEEK Israel continues to draw investors seeking bold, determined solutions to global challenges.
Well done Eyal Malinger and Oren Peleg and team Resurge Growth Partners on the first closing of an investment vehicle focused on helping companies caught between the venture capital and private equity worlds. In total, generativeAI companies received $35 billion in 2024.AI Global funding also dropped. Funding for U.S.
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%
NEW FUNDS Congratulations Amikam Norkin and team Ace Capital Partners on launching a new fund focused on military tech startups! Thank you for reading. There’s a lot to celebrate in our “small” community. Keep on creating!
APPOINTMENTS Congratulations Eran Westman on your appointment as Managing Partner at Planven to lead growth investments in Israel! One door closes and another one opens, Iddo Gino and team Rapid API. Congrats on the sale to Nokia for an undisclosed sum to boost API-driven 5G monetization !
Techheavyweight Google, alongside Massy, have announced that they are partnering in the Caribbean with TBR to help further theregion’s tech ecosystem. Up to 38% of jobs in Latin America and the Caribbean could be exposed to generativeAI, the World Bank Group identified in its 2024 report.
Hyper-Personalization Powered by AI 2. GenerativeAI: Revolutionizing Creative Production 4. AI-Driven Marketing Orchestration 5. GenerativeAI: Revolutionizing Creative Production AI isnt just for writing blog posts. GenerativeAI is changing how we create content including videos and graphics.
OpenAI is talking to chip designers and announced it will work on a ‘search product’, NVIDIA and Mistral AI released Nemo, a new powerful open-source model, Amazon made a record $14.2 billion in revenue for ‘Prime Day’ is rolling out ‘Rufus’ generativeAI assistant to all U.S.
Take generativeAI as an example: these tools can make repetitive work tasks easier, but employees create risk when they upload sensitive information to third-party content generators. Keep software up to date (and work with savvy partners): Its one of the 13 best practices for the public sector , but it applies to all.
AI is having its moment. GlobalAI funding surged past the $100B mark for the first time ever in 2024 and just by this week’s announcements, it’s more than likely that will at least double that amount in 2025. on raising $3M for your workplace, autonomous AI agents! Bonus: Israeli startup PLAYO.AI
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!
Below is the startup landscape for MCP and the future of AI tooling according to Andreessen Horowitz ( source ) The concentration of venture capital: 31% of All VC Money Last Year Went Into Just 20 Deals according to report by Redpoint ( source ) Eli Sharabi spoke to the UN Security Council this week – watch his powerful testimony.
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. AI robotics startup Physical Intelligence raised $400M from the likes of Jeff Bezos and OpenAI, Mistral AI launched an API for content moderation. 94% YoY in AI funding in Oct.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content