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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. Great stuff Noam Maital and team Darwin AI on your $5M seed round to build the secure AI hub for governments!
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.
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.
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 GenerativeAI startups, with the quarter not yet closed. BRINGTHEMHOME.
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.
DeepSeek AI sparked a nationwide push in China to deploy its LLMs everywhere from hospitals to local governments. A new foundation model called Magma , claims to be the first for multimodal AI agents. Microsoft unveiled the 3.8B-parameter parameter text-only Phi-4-mini and 5.6B-parameter
It’s just been the first anniversary since ChatGPT burst into the world and launched the term ‘generativeAI’ into the mainstream. It’s been a big year for AI. billion invested in generativeAI startups globally in the first half of 2023 according to Pitchbook.
Israel receives people who were kidnapped from their homes, including 80 year old Gadi Mozes, or 29 year old Arbel Yehud, who was kidnapped from her home and kept mostly alone in tunnels in return to hundreds of convicted te *ists who committed heinous crimes. AI is having its moment. Mazal tov ??Shira by Sean Goedecke from GitHub.
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