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The ever growing Israeli Generative AI landscape April 2023

VC Cafe

* 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 ‘generative AI’ in the mainstream. Generative AI is advancing at a breakneck speed.

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Israeli Startups Rebound: Q3 Sees $2.43 Billion Raised Amid Investor Shifts

VC Cafe

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. Not bad, considering the that all of this happened while Israel is fighting a war on seven different fronts.

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Weekly #FIRGUN Newsletter – October 25 2024

VC Cafe

Unfortunately, over a year later, Israel is now defending itself from threats across 7 fronts and there are still 101 Israelis held hostage in G**a. In total, generative AI companies received $35 billion in 2024.AI AI companies have reached a combined value of $9 trillion. Funding for U.S. million in Q3 year over year.

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Weekly #FIRGUN Newsletter – August 1st 2024

VC Cafe

Israel must #BRINGTHEMHOME. In the wider tech world, Generative AI startups raised $14.4B 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%

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18 years of VC Cafe

VC Cafe

During these nearly two decades, I’ve had the extraordinary privilege of being a front-row witness to Israel’s incredible startup scene. I’ve seen the explosion of new unicorns created, from cybersecurity pioneers to AI disruptors and billion dollar revenue gaming startups.

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How the pre-seed round made a comeback in 2024

VC Cafe

Data by Carta (mostly US companies) reveals that although on average startups saw a 50% reduction in funding in 2023 (the impact in Israel was closer to 65%) pre-seed funding rounds rose by 51%! Sam Altman recently said that we’re not far from the day that we’ll see a billion dollar company with one or few employees.

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Generative AI mega rounds and opportunities for Israeli startups

VC Cafe

The state of Generative AI startups in Israel According to The Global AI Index by Tortoise Media, the first index to benchmark nations on their level of investment, innovation and implementation of artificial intelligence, Israel is the 7th most attractive AI hub globally. Are they too late?