article thumbnail

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. Generative AI is advancing at a breakneck speed.

article thumbnail

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. Founded in 2019, the company raised $25M to date).

B2C 148
article thumbnail

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