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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.

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The State of Consumer Tech in Israel in 2023

VC Cafe

And new technologies, like generative AI, are creating new opportunities for founders to stand out in the consumer space. Lighttricks – the suite of mobile apps for photo and video editing, and most recently generative AI photo and video generation. Much has changed since then. Funding undisclosed.

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Investing in Generative AI tools

VC Cafe

billion on 78 generative AI deals —almost as much as was invested in all of the previous 5 years combined, according to PitchBook data. According to a new industry report by Skyquest , AI will contribute $15.7 trillion coming from increased productivity and $9.1 The global generative AI market was valued at USD 8.12

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Artificial Intelligence and Machine Learning– Explained

Steve Blank

The Department of Defense has thought that Artificial Intelligence is such a foundational set of technologies that they started a dedicated organization- the JAIC – to enable and implement artificial intelligence across the Department. These technologies will transform businesses and government agencies. Examples: Alexa and Siri.

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Future Follows Fiction

Reid Hoffman

These are all similar concepts faced by tech startups today, where innovation means, as Greylock partner Reid Hoffman says, “creating products that have or might fundamentally transform everyday life.”. While relatively few tech entrepreneurs may work on products that end up being household names like J.J.’s Hi, everyone.