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Way to go Itamar Golan and team Prompt Security on your $18M series A to help companies secure their generativeAI tools! series A to help authors self-publish their books with the help of AI! Great milestone Dvir Hoffman and team CommBox on your $15M series B to build the future of customer experience powered by AI!
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. valuation to complete the acquisition of PayU ! AI inference spending expected to grow 70% YoY to $208.2B
Big congrats Yevgeny Dibrov and team Armis on your $200M series D (at a valuation of $4.3 Mabruk Matan Bar and team Melio on your $150M series E (at $2 billion valuation ) to integrate cash flow management, accounts receivable and accounts payable solutions! billion), to protect the entire attack surface of companies!
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.
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. It’s a testament to the fact that Israeli tech delivers #NOMATTERWHAT.
Bitcoin topped a record of all time at $87,000, Chinese gaming giant Tencent reported 47% surge in profits from gaming and AI, and Perplexity is nearing $500M funding round at $9 billion valuation as it started introducing ads. seed extension) to scale your AI-based video ad optimisation! on coming out of stealth with $9.5M
Fast forward six months, and OpenAI is in talks of raising $40 billion, at a valuation of $340 billion. Ilya Sutskever’s SSI is currently raising money at $20 billion valuation (pre-launch) and the list goes on. This week, Anthropic announced a $3.5 billion round, valuing the company at $61.5
Flash , and announced it will launch an ‘ AI search mode ‘ to compete with new rival chatbots. Databricks secured a new $10B funding round at a $62B valuation and Perplexity raised $500M at $9 billion valuation. Google launched a new ‘reasoning’ model, Gemini 2.0 There have been some BIG rounds.
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