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The Emerging Israeli AI Landscape in 2024

VC Cafe

A new report by F2 Venture Capital, Google Cloud and Deloitte Israel shines a spotlight onto the buzzing emerging AI landscape in Israel so I couldn’t resist covering it. On a high level: The Israeli AI startup ecosystem is booming, with over 2,150 active AI companies, representing ~30% of the local tech sector.

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Israel Generative AI predictions for 2024

VC Cafe

In November 2022 I published a post titled “ generative AI 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 generative AI went mainstream The pace of advancement in generative AI has been astounding.

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State of Israeli tech in Q4 2023

VC Cafe

The second report, by Startup Nation Central (SNC) Policy Institute paints a similar picture but points a picture at the governments proposed judicial reform as the cause for reduced foreign investor activity (down 40% year over year up to Q3 2023). The actual amount might be higher as companies choose to stay in stealth for longer.

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Weekly #Firgun Newsletter

VC Cafe

Despite the war in Israel over the past 9 months, both the rate of capital raising and exits of Israeli cyber startups in the first half of 2024 were the highest since 2021. Q2 2024 is already a record quarter for venture capital investment in Generative AI startups, with the quarter not yet closed. BRINGTHEMHOME.

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Generative AI that can do WHAT?

VC Cafe

It’s just been the first anniversary since ChatGPT burst into the world and launched the term ‘generative AI’ into the mainstream. It’s been a big year for AI. billion invested in generative AI startups globally in the first half of 2023 according to Pitchbook.