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Generative AI will really take off when it moves from playful to useful

VC Cafe

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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Generative AI mega rounds and opportunities for Israeli startups

VC Cafe

To put things in context, global venture funding in Q2 2023 reached $65 billion, an 18% decline quarter over quarter, and a 49% drop compared to the second quarter of 2022, when startup investors spent $127 billion, according to Crunchbase. Amidst this bleak funding environment, AI has been a saviour, reports the WSJ.

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2023 Global Venture Reports were Gloomy, but there are reasons to be optimistic

VC Cafe

It’s easy to find bad news about venture capital these days. In other words, the venture capital bust has only just started. 2023 was a rough year for Venture Capital and for startups, and it might get even worse. Global venture funding fell 42% year over years to $248.8

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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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Artificial Intelligence and Machine Learning– Explained

Steve Blank

Supply chain management. AI applications are already appearing in predictive maintenance, risk management, procurement, order fulfillment, supply chain planning and promotion management. AI empowers other applications such as: Flight Operations Planning Decision Aid Tool for Strike Operations Aboard Aircraft Carriers.