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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.
GenerativeAI is already being used in developer workflows. We expect AI to further augment content creation pipelines by generating images, audio, video, and code. The applications for generativeAI are vast, for us at Remagine Ventures, naturally the impact it can have on gaming is really significant.
billion invested in coding agents and co-pilots alone, with Google, Salesforce, Meta, and other incumbents heavily investing in Agentic AI. Data Layer : AI agents will rely on both exclusive private data and public datasets. When it comes to GenerativeAI, the incumbents are not resting on their laurels.
Well done Assaf Rappaport and team Wiz on your undisclosed round of funding to continue the journey of as the fastest growing Israeli startup in history! Way to go Itamar Golan and team Prompt Security on your $18M series A to help companies secure their generativeAI tools! Kudos Yehuda Niv and team Spines on your $16.5M
In July 2024, Israeli startups raised $703 million in 28 deals, more than double the amount raised in July 2023 (before the war). In the wider tech world, GenerativeAIstartups raised $14.4B It’s a testament to the fact that Israeli tech delivers #NOMATTERWHAT. in Q2 2024 alone, which is 16.5%
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 The global generativeAI market was valued at USD 8.12 In 2022, VCs poured $1.37
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. Meanwhile in the US, B2C startups raised $100 billion in 2022, 40% of the total funding.
Yesterday was Halloween (also my birthday) and Israeli startups have certainly received a lot of ‘candy’ As if in a parallel universe to the war, over the past week alone Israeli startups raised over $500M in investments. Will the Israeli startup ecosystem overcome them? We must #BRINGTHEMHOME. absolutely.
A bright spot is emerging in early-stage funding, signaling renewed investor risk appetite and startup momentum. The revival of seed funding is an encouraging sign of a return to startup growth after a period of caution. If the seed funding resurgence continues, it could mark a turning point for the startup ecosystem.
Readers of VC Cafe will know that I’m a big fan of startup landscape s. 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. Startups leveraging AI attracted over 60% of all capital raised in 2023.
I pointed him to a couple of recent reports that showed that Israeli startups raised 35% more in the first nine months of 2024, than the equivalent period in 2023 (pre-war). All of this AI usage is creating a power problem: nearly half of AI data centres may lack enough power by 2027, according a report by Gartner.
In the tech world, Israeli startup Wiz turned down the $23 billion acquisition offer from Google and opted for going public instead. 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.
In this post, I collated some of the latest research published on Agentic AI , with the aim to share knowledge, primarily with founders, about what can be built in this space. The pie for software businesses has just grown dramatically, and smart money is betting that agentic AI will create more unicorns than mobile or cloud computing did.
Today, 100s of billions of dollars in private capital have been invested in 1,000s of AIstartups. Synthetic data generation-to feed false information. Data analysis – for AI-assisted classical attack generation. AI Attack Surfaces. The analogy for AI is closer to microelectronics than it is EW.
A new report on the Israeli startup ecosystem (see links section below), suggests that 657 startups will need to secure funding soon, with 431 requiring immediate capital to survive. That’s why initiatives like Startup Nation Central , the Israel Export Institute ???? ????? We must #BRINGTHEMHOME NOW ??
Abrams discusses how “ Westworld ” explored “this question about what it is to be human… Yes, there are real things about creating robots and AI, but what you’re really telling is this entire story that plays out all of these very canonical human tendencies.”. Generating stories, generating conversation.
Until now, the majority of the value in generativeAI has been captured by the infrastructure layer: foundational models (LLMs), the cloud providers and the hardware infrastructure/ data centres. However now, the AI landscape is undergoing a significant shift, prompting a crucial question: Where will the future value of AI accrue?
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
STOPANTISEMITISM Israeli startups raised $987 million in October alone, across 26 deals, with 3 companies completing rounds of over $100M. 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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