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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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Where is the Metaverse headed in 2023?

VC Cafe

Main takeaways from “Into the Metaverse” The event opened with a presentation by Hamza Khan , a Partner at McKinsey & Company and author of the “ Value creation in the metaverse ” report shared it will take time for VR to become mainstream and enable “fully immersive 3D worlds” but there’s a ton of innovation happening in web 2.5

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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 The global generative AI market was valued at USD 8.12 In 2022, VCs poured $1.37