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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.
I’m not sure if it has to do with me, but refreshingly, Israel didn’t come up at all apart from the occasional question of how’s my family. Mazel tov Israel (Srulik) Dvorsky and team TailorMed on securing a $40M to connect patients with financial aid solutions! Kudos Yehuda Niv and team Spines on your $16.5M
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!
While Israeli startups successes are well known in the B2B space (cybersecurity, enterprise tech, devops…), B2C startups are unsung heroes… The landscape of B2C tech in Israel is blossoming, despite several challenges. B2C Venture Capital Investments in Israel To the most part, Israeli VCs shy away from B2C startup investments.
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 The global generativeAI market was valued at USD 8.12 In 2022, VCs poured $1.37
In Lebanon, Hi **ah continues to shoot rockets aimed at civilians in Israel and Iran has once more threatened a ‘devastating response’ before the US elections. Iran threatened it will deal Israel a ‘devastating blow’ even before the US elections. There are still 101 Israeli hostages held in G**a.
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.
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.
It’s impressive to see what the self described ‘little red dot’ accomplished in its 65 years of independence and I couldn’t avoid comparing and contrasting to Israel. To add more heat, Microsoft launched generativeAI search results for Bing. AI at Meta launched LLaMa 3.1,
Israel must #BRINGTHEMHOME. In the wider tech world, GenerativeAI 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%
For healing to begin, we must #BRINGTHEMHOME A friend, successful entrepreneur who took a company public, asked me for help on a presentation he was giving about the economic resilience of Israel. seed extension) to scale your AI-based video ad optimisation! on coming out of stealth with $9.5M Asaf Yanai and team Alison.ai
The tech sector is vital for the Israeli economy and exports, and while the 2024 figures were more positive than expected, it’s still hard for international investors to travel to Israel and get deals done. That’s why initiatives like Startup Nation Central , the Israel Export Institute ???? ????? Well done Ouriel Ohayon ??
From the founders who chose to start companies this year against the odds, to the new funds that managed to attract capital despite the news, and to all the participants in the Israeli tech ecosystem in Israel and abroad – keep on creating! Israel launches new programs to address AI talent shortage.
The acquisition of Wiz by Google for $32 billion in cash this week made waves across the whole tech ecosystem in Israel and beyond. It was Israel’s largest exit to date. Way to go Tal Chalozin and team 257 on coming out of stealth with a $9.2 Israels cyber sector defies turmoil, raising $3.79 investment into $1.3
I hope his presidency brings stability to Israel, the quick return of the hostages and a new era of prosperity for America and its allies. The police took hours to settle the situation and Israel is sending two rescue flights to get them out. Well done Adiel Gopas on joining Third Point LLC to expand the Israel office!
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