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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. Both startups and large tech companies leaned in hard, incorporating automation tools and generative AI applications across verticals. Visual generative AI made strides as well.

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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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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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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 ). AI hype cycle. How far can this tech go?

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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. Click on ‘source’ below to download a clickable PDF. Such a milestone!

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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.

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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. Every day, we hear about new products and services that are meant to enhance human creativity and productivity.