January, 2024

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

VC Cafe

And not a particular sector, but AI startups, in particular generative AI attracted close to $50 billion in funding last year, globally. Most of that funding went to foundational models like OpenAI, Anthropic and Inflection AI which collectively raised $18 billion in 2023. Generative AI is game changer.

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Israel Generative AI predictions for 2024

VC Cafe

In November 2022 I published a post titled “ generative AI will go mainstream when it goes from playful to useful “, and I think you will agree that this transition is in full swing. 2023 was the year generative AI went mainstream The pace of advancement in generative AI has been astounding.