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In November 2022 I published a post titled “ generativeAI will go mainstream when it goes from playful to useful “, and I think you will agree that this transition is in full swing. 2023 was the year generativeAI went mainstream The pace of advancement in generativeAI has been astounding.
With its overnight success, the conspiracy theories about data being shared with China, coupled with an alleged hack of Deepseek, raised security concerns with the Pentagon, who immediately moved to block government employees from using it. The company has invested in: MiniMax and Moonshot AI , supporting their advancements in generativeAI.
Andreessen Horowitz Consumer Team Opportunities for startups I’m a big fan of the content A16Z has been publishing on generativeAI over time. Technological Convergence – The global equity market value associated with disruptive innovation could increase to 60% by 2030.
It’s only been a bit over a month since the start of 2025 past year has witnessed seismic shifts in technology, from breakthroughs in generativeAI to emerging solutions in climate tech and healthcare.
Innovations such as edge computing, decentralized cloud storage, and privacy-enhancing tools will be in high demand due to the growing demand for efficient, secure, and scalable data storage solutions. Economy and Meta New economic models and virtual assets will reshape the global economy in the metaverse.
I decided to use these steps to more effectively segment the surveyed individuals, and speculated that generativeAI tools would be most useful during ideation and MVP development, particularly benefiting non-technical founders by facilitating code generation. Sources “86% of CIOS Have Implemented Formal AI Policies.”
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. A solid governance framework built around three pillars — data, IT and privacy and security — proves paramount with the use of AI in education.
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. Interesting overview of vertical AI companies by IVP ( source ) Revenue per employee.
Therefore, all progress depends on the unreasonable man” George Bernard Shaw NEW FUNDING ROUNDS Congratulations Yotam Segev and team Cyera on your impressive $300M series D, doubling the company’s value to $3 billion to be the Crowstrike of data security! series A to help authors self-publish their books with the help of AI!
which has become the most used open source LLM, Meta AI available across all their apps for free, a new affordable version of their Meta Quest VR headset, but perhaps most excitingly, Meta Orion, smart AR glasses with holographic display (still not officially launched). Way to go Ori Tamuz and team DoorLoop on your $51.6M Well done Marina S.
The generativeAI market is exploding globally, with venture capitalists pouring $12.8 Israel is positioning itself as one of the potential leading hubs for generativeAIglobally. Israel is positioning itself as one of the potential leading hubs for generativeAIglobally.
.” Bill Gates NEW VENTURE ROUNDS Congratulations Tomer Shussman and team OneStep on raising a $36M series B to advance your AI-driven care platform , powered by smartphone motion intelligence! Kudos Or Shoshani and team Stream.Security on securing a $30M series B for your cloud detection and response platform ! Funding for U.S.
Yet, these are the risks we are being asked to take with our live GenerativeAI experiment, at least according to some AI experts. P(Doom) is the term AI researchers are using to describe the probability that Artificial Super Intelligence will emerge and become an existential risk for humanity. Would you do it?
creator startups secured an impressive $692.7 The trend extends globally, with creator startups worldwide raising approximately $767.9 This upward trajectory is particularly evident in the second quarter, where U.S. million in funding. million during this period, marking a 49% year-over-year growth.
on securing a $70M series C bringing the total funding to $200M in one year, and the new unicorn status (at a $1.4 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 generativeAI training!
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. Microsoft AI for Humanitarian Action – Microsoft offers AI for Humanitarian Action grants.
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.
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. Clarke NEW FUNDING ROUNDS Congratulations Arik Shtilman and team Rapyd on securing $500M series F at $4.5M on your $7.5M
Android may have a larger global market share, but Apple’s loyal customer base, strong brand, and profitable ecosystem made it the clear winner. A strong focus on online services, exclusive games, and innovation secured Microsoft’s position at the top. I wrote about this in a recent post on VC Cafe.
Fantastic news Ben Kliger and team Zenity on securing a $38M series B to secure enterprise copilots! Way to go Dean Leitersdorf and team Decart on coming out of stealth with a $21M seed round for a new inference model that enables companies to dramatically reduce the cost of generativeAI – wow ? Mazel tov Isaac B.
” — Anonymous NEW FUNDING ROUNDS Congratulations Daniel Barel and REE Automotive on securing a strategic investment of $45M to scale new electric delivery vehicle platform! Way to go Itai Tevet and team Intezer on raising $33M series C for your Autonomous SOC Platform to tackle cybersecurity threats with AI!
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 report emphasises the urgency of investment in startups and education for underrepresented populations to secure one of the main sources of tax revenue. In the wider tech world, Google launched Pixel 9, its first AI powered phone and a new image generator, Imagen3 , criticised for being too censored. for its defence tech.
Kudos Yoav Oz and team Rep AI on your $8.2M series A for your AI concierge to rescue lost revenue! for raising a $6M seed extension for your AI devops workflow automation platform! Well done Amit Eyal Govrin and team Kubiya.ai EXITS Congratulations Neal Eigler M.D. and team V-Wave on the $1.7
Way to go Inna Tokarev Sela and team illumex on your $13M series A for your AI data readiness platform!! Kudos Keren Leshem and team OCON Therapeutics on securing a $10M seed round for your revolutionary drug delivery technology for women! Global: From VC Cafe : consumer startups still got Mojo!
Bach (1970) from JONATHAN LIVINGSTON SEAGULL NEW VENTURE ROUNDS Congratulations Guy Podjarny and team Tessl on your impressive $125M in funding unveiled ($25M seed and $100M series A ) for your AI coding platform ! on securing a $13.3M seed extension) to scale your AI-based video ad optimisation! Way to go ?Asaf
Helping to build and market the most secure cryptocurrency ATM network in the Gulf South has been incredibly rewarding. I wanted to create a business that didn’t just focus on the wealthy or the high-net-worth clients but also catered to everyday Australians who want to secure their financial future. I realized there was a gap.
and team GoPerfect on your $23M seed round to transform talent sourcing and engagement platform with AI! Kudos Iftach Ian Amit and team Gomboc AI on your $13M seed round to eliminate the security backlog that delays critical business transformation! Lots of data here.
“Since ChatGPT’s launch just nine months ago, we’ve seen teams adopt it in over 80% of Fortune 500 companies” OpenAI blog OpenAI announced this that ChatGPT Enterprise is now available , offering better data protection/privacy, more security, improved speed/performance and longer context windows.
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.
Helping to build and market the most secure cryptocurrency ATM network in the Gulf South has been incredibly rewarding. I wanted to create a business that didn’t just focus on the wealthy or the high-net-worth clients but also catered to everyday Australians who want to secure their financial future. I realized there was a gap.
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%
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. It offers secure servers and 256-bit AES encryption, the strongest level of encryption currently available. To illustrate, the U.S.
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.
A new report on the Israeli startup ecosystem (see links section below), suggests that 657 startups will need to secure funding soon, with 431 requiring immediate capital to survive. Mazel tov Ron Shafran and team FLYZ Robotics on securing an undisclosed seed round for a new sensor system revolutionising drone capabilities!
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.
LLMs for chip design ASIC and FPGA optimisation tools using AI Target 5100x performance improvements Focus on energy efficiency (10100x gains) 6. Build AI-first financial products without legacy constraints Target underserved markets in insurance and wealth management Focus on global payment solutions 7.
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
Flash , and announced it will launch an ‘ AI search mode ‘ to compete with new rival chatbots. Databricks secured a new $10B funding round at a $62B valuation and Perplexity raised $500M at $9 billion valuation. Good stuff Ronel Veksler MD, PhD and team Promise Bio on securing an $8.3M
Ralph Waldo Emerson NEW FUNDING DEALS Big congrats Shay Sandler and team Vega Security on raising $65M in two successive funding rounds for a more effective approach to cyberattack detection! Congratulations Shachar Bialick and team Curve on securing a $48M series D to simplify the way people spend, send, see and save money!
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