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Israel Generative AI predictions for 2024

VC Cafe

Not so long ago, we were all posting AI profile pictures on social media, but very quickly we’re now seeing an emergence of generative AI tools and LLM applications to assist almost every role in the organisation, across industries and verticals. Overall, Israeli startups raised $7.3

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30 Machine Intelligence Startups to Watch in Israel

VC Cafe

Security will shift from defensive to predictive AI-powered security (Norwest Venture Partners). Since AI and ML startups cut across verticals (analytics, fintech, health, adtech, security, etc), it’s easier to group them under the “machine intelligence” umbrella, coined by Shivon Zillis , a partner at Bloomberg Beta.

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Covid-19 is a marathon, not a sprint, for startups in US, UK and Israel

VC Cafe

According to the Covid-19 impact report by research firm Beauhurst: 5,070 UK companies are at a ‘severe’ or ‘critical’ risk 615K startup and scaleup jobs are at risk Later stage startups are at the most risk Across the board, tech sectors and verticals are the most likely to experience a positive or low impact.

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Meet the new Cloud Unicorn from Israel: Melio raises $110m to transform B2B payments

Cracking the Code

The company also secured a partnership with Intuit Quickbooks to provide its bill payments capabilities inside its flagship accounting solution, making it even easier for small businesses to schedule and send payments. 25% of the value of the 10 public cloud companies born in Europe and Israel. over 190 rounds.

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Accel 2021 Euroscape: On the path to global dominance?

Cracking the Code

Back in 2016, Europe and Israel had only four public companies worth less than $9B combined and local cloud companies had raised just $900M throughout 2015. Today, Europe and Israel have generated 23 public companies worth $231B and private cloud financing reached c. Annualised, this would be 2.7x larger than last year!

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Israeli startup landscape collection 2023 edition

VC Cafe

Since the first version was published in Jan 2022 , there were a bunch of new companies created in web3 gaming, security and consumer experiences, and notably Celcius, the crypto lender and former unicorn, went bust. Since then, we’ve seen an explosion in the number of generative AI startups worldwide, as well as in Israel.

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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.