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* 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.
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!
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. Way to go Yair Adato and team BRIA AI on raising your $40M series B to scale your gen AI visual models trained on licensed data!
billion on 78 generativeAI deals —almost as much as was invested in all of the previous 5 years combined, according to PitchBook data. According to a new industry report by Skyquest , AI will contribute $15.7 trillion to the global economy, with $6.6 The globalgenerativeAI market was valued at USD 8.12
Congratulations Elad Raz and team NextSilicon for coming out of stealth with a $100M series C round (and over $300M raised to date) to create the next generation of AI semiconductors, starting with Maverick 2! Kol hakavod Benjamin Segal and team Matia for coming out of stealth with a $10.5M
Startups leveraging AI attracted over 60% of all capital raised in 2023. The country ranks 3rd globally in private AI investment, demonstrating its strong position in the globalAI market. Israel’s deep domain expertise in these sectors positions it as a potential global leader.
GenerativeAI is a beacon of hope In this grim scenario, Artificial Intelligence, and more specifically GenerativeAI, emerges as the global industry’s lifebuoy, attracting investments and elevating valuations of entities across the spectrum. The proposed judicial reforms caused some short-term uncertainty.
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.
Here’s where the money is flowing in Agentic AI October 2024 broke a record in global venture capital deployed, $32 billion in a single month, with AI attracting $12.2B, or 38% of the total funding. The returns will likely be more concentrated. The stakes are higher, and the technical barriers to entry are substantial.
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%
seed extension) to scale your AI-based video ad optimisation! on coming out of stealth with $9.5M in seed funding to launch your AI-based dubbing platform ! Mazal tov David Talinovsky and team Bluespine on coming out of stealth with a $7.2M Asaf Yanai and team Alison.ai on securing a $13.3M seed round (an $8.2
.” – 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! Kudos Roi Tiger on raising a rumoured $20M seed round for a new cybersecurity startup still in stealth! Well done Ouriel Ohayon ??
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. Great job Avihai Sodri and team Antidote Health on securing a $22M series B to advance AI Telehealth and ACA plans.
Amazing news Alon Dror , Hamutal Meridor and team Kela Technologies on coming out of stealth with $39 million in funding ($11M seed and $28M series A ) for your Defence tech startup dedicated to protecting Israel and our Western allies! Way to go Tal Chalozin and team 257 on coming out of stealth with a $9.2
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.
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