VC Cafe

JANUARY 10, 2024

In November 2022 I published a post titled “ generative AI will go mainstream when it goes from playful to useful “, and I think you will agree that this transition is in full swing. 2023 was the year generative AI went mainstream The pace of advancement in generative AI has been astounding.

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VC Cafe

OCTOBER 16, 2024

But substantial investments are also being deployed into emerging startups, particularly into vertical applications. This trend is evident in the success of companies like DeepL (translation), Speak (language learning), and Retell AI (call centres). For the second quarter in a row, AI was the top sector by venture dollars invested.

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VC Cafe

SEPTEMBER 13, 2024

Meta is on track to become the most used open source AI by the end of the year. With attractive valuations and immense growth potential, the Israeli tech ecosystem remains resilient—no matter the circumstances. Interesting overview of vertical AI companies by IVP ( source ) Revenue per employee. via Trung T.

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VC Cafe

SEPTEMBER 5, 2024

For example, our focus at Remagine Ventures on gaming, generative AI, and entertainment tech enabled us to create a relevant, focused network of founders, operators, co-investors and strategics who are active in our verticals. As a result, we started investing in generative AI in 2019, as a way to scale content creation.

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VC Cafe

NOVEMBER 7, 2022

Generative AI will really become magic when it moves from 'playful' to 'useful' – we will use multiple generative AI tools at work in the future, like we use grammarly and canned responses today… AI will become more vertical, and specific per role — Eze Vidra (@ediggs) November 5, 2022.

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VC Cafe

SEPTEMBER 27, 2024

billion at $150 billion valuation. Jony Ive, former famed Apple designer, is collaborating with Sam Altman on a new AI-focused device to replace the phone. YouTube launched a bunch of generative AI video capabilities for creators and Google made several upgrades to the impressive NotebookLM.

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VC Cafe

JANUARY 29, 2024

That’s the case for most companies that are already in the market, especially if they raised funding at imaginary valuations before. Valuations are down massively from 2021 peak, especially at the growth stage. Seed valuations are down “only” 57% compared to Q4 2021. Generative AI is game changer.

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