article thumbnail

Generative AI that can do WHAT?

VC Cafe

It’s just been the first anniversary since ChatGPT burst into the world and launched the term ‘generative AI’ into the mainstream. It’s been a big year for AI. billion invested in generative AI startups globally in the first half of 2023 according to Pitchbook.

article thumbnail

The Rapid Evolution of Generative AI Video footage

VC Cafe

2023 was the year of generative AI, but more specifically, the year we witnessed the power and potential of LLMs, large language models. A lot of the world of work is based around text: documents, email, content, media. Visual generative AI made strides as well. But the next frontier is video.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Generative AI: Incumbents vs. Upstarts

VC Cafe

There’s an interesting thing happening in the generative AI world. More and more, established companies are leaning into generative AI by either adding generative AI features to their existing suite of tools or partnering with AI companies (mostly OpenAI or the open source HuggingFace) to launch entirely new products.

article thumbnail

AutoGPT is Generative AI goal seeking

VC Cafe

ChatGPT has barely been out for six months, but it seems like generative AI automation has just taken a leap forward with AutoGPT. Driven by GPT4, AutoGPT is able to code, execute scripts and push the boundaries of what is possible with AI. Cointelegraph AutoGPT essentially creates its own list of prompts.

article thumbnail

Is Your Startup Future-Ready? Embrace the Metaversal Wave

ReadWriteStart

Potential Impact on Various Industries Data Management and Storage Users will generate and consume more data as the metaverse becomes more prevalent. Generative AI: The Forbes article Startup Trends, Industries, and Technologies in 2024 suggests that the evolution of Generative AI will play a crucial role in the business sector.

article thumbnail

Generative AI mega rounds and opportunities for Israeli startups

VC Cafe

Most of the companies that raised these mega rounds are relatively early stage in terms of product and monetisation (if at all) and about half of the companies that raised large sums, are developing LLMs, which generally requires deep pockets to cover 1) cloud costs, 2) expensive deep learning engineers 3) get the data to train the models.

article thumbnail

18 years of VC Cafe

VC Cafe

Facebook was just stepping out of college campuses, the revolutionary iPhone was still in the realm of Apple’s future plans, and burgeoning concepts like big data and cloud computing were just starting to emerge.