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The ever growing Israeli Generative AI landscape April 2023

VC Cafe

* 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 ‘generative AI’ in the mainstream. Generative AI is advancing at a breakneck speed.

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Generative AI and the exponential growth of content

VC Cafe

Generative AI now has the potential to exponentially grow the quantity of content created. Articles, ads, images, videos, voice, graphs, 3D objects, music, scientific papers… all can be created today with AI. Base10 includes 300 startups in their generative AI landscape (source).

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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.

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Why Generative AI’s impact on entertainment will come fast and hard

VC Cafe

However, the current hype around generative AI feels different. Naturally, a technology like generative AI has the potential to transform and impact many industries, if not all. Many intelligent individuals and consulting firms have written about various industries and their potential use cases for generative AI.

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There’s more to generative AI than picks and shovels

VC Cafe

It’s a bit crazy to think that even a year ago, the term ‘generative AI’ was not exactly on everyone’s lips. To put things in context, let’s start with the basics: 2023 witnessed an impressive influx of $15 billion invested in generative AI startups, significantly surpassing last year’s $4 billion.

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2022: V1 Year in Review and Looking Forward

Version One Ventures

The startup connects business teams in VR, merging game-like features with collaboration tools in one platform to help overcome some of the challenges of distributed teams and remote work. Remio (led by Jos van der Westhuizen ) marks our first VR investment ! Best wishes to you and your loved ones this holiday season.

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The future of service marketplaces is AI

VC Cafe

Generative AI is well on the way to becoming not just faster and cheaper, but better in some cases than what humans create by hand. Creative AI or Creative automation is increasing at a rapid pace. The generative AI application layer (Source: Sequoia ). Andrew Chen, “What’s next for marketplace startups?