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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.
Luma AI has introduced Ray2 Flash , an upgraded text-to-video model for fast generation. Reka AI launched Flash 3 Reasoning , an open-source 21B model. Tencent released Hunyuan-TurboS the first ultra-large Hybrid-Transformer-Mamba MoE model and also launched a free image to video model.
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
And new technologies, like generativeAI, are creating new opportunities for founders to stand out in the consumer space. Lighttricks – the suite of mobile apps for photo and video editing, and most recently generativeAI photo and videogeneration. Much has changed since then.
The country ranks 3rd globally in private AI investment, demonstrating its strong position in the global AI market. The new AI landscape included in the report (below) is a great evolution of the Israeli GenerativeAI landscape we (Remagine Ventures) published in Calcalist in May 2024.
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. AI at Meta launched LLaMa 3.1, The AI Agent and automation startup landscape by Insight Partners ( source ) The new open source LLM LLaMa 3.1
A good example is Benchmark-backed 11x , which is building AI digital workers, or in Insurance is Sixfold , which creates an AI copilot for insurance underwriters, ingesting data from various sources to make optimal recommendations. At Remagine Ventures we’re active deploying in this space.
Machine Learning is most advanced and widely applied today in processing text (through Natural Language Processing) followed by understanding images and videos (through Computer Vision) and analytics and anomaly detection. Recognize and Understand Images and video streams. An AI can see and understand what it sees.
seed extension) to scale your AI-based video ad optimisation! on coming out of stealth with $9.5M in seed funding to launch your AI-based dubbing platform ! Mazal tov David Talinovsky and team Bluespine on coming out of stealth with a $7.2M Asaf Yanai and team Alison.ai on securing a $13.3M seed round (an $8.2
Arm plans to launch a new AI chip this summer to compete with NVIDIA. YouTube Shorts adds Veo 2 to let creators make GenAI videos. Anthropic is said to develop hybrid AI model combining LLM, reasoning to take on OpenAI. Kudos Roi Tiger on raising a rumoured $20M seed round for a new cybersecurity startup still in stealth!
You can also watch the video from the event here. Bear in mind, just like any of us working in stealth mode, there’s a limit on how many insider details J.J. JJ Abrams: Reid, it’s great to see you and thank you for that incredibly generous intro. Generating stories, generating conversation. EPISODE TRANSCRIPT.
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. KLING AI launched v1.6, a new text to video model that achieved 195% improvement compared to the previous model.
released Ernie X1 reasoning AI model to counter DeepSeek R1. Stability AI has introduced Stable Virtual Camera, turning 2D images into 3D video. Way to go Tal Chalozin and team 257 on coming out of stealth with a $9.2 Anthropic ‘s Claude introduced web search. Baidu, Inc. CoreWeave is planning to raise $2.7
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