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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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There’s more to generative AI than picks and shovels

VC Cafe

It’s a bit crazy to think that even a year ago, the term ‘generative AI’ was not exactly on everyone’s lips. To put things in context, let’s start with the basics: 2023 witnessed an impressive influx of $15 billion invested in generative AI startups, significantly surpassing last year’s $4 billion.

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AI and Nonprofits: What Boards Need to Know

Board Effect

Generative AI has the potential to be a powerful tool for nonprofit organizations, but it also requires board members to understand the challenges and ethical concerns it presents, along with its benefits. Insider Intelligence predicts that generative AI adoption will climb to 77.8 million users by 2024.

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Remagine Ventures call for startups

VC Cafe

Calling Israeli startup founders in Interactive Entertainment, AI & Gaming! With the rapid advancement of generative AI, we’re seeing content creation, distribution and monetisation being disrupted faster than ever before.

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Impressions from Sam Altman’s talk in London

VC Cafe

The best thing students can do to adjust to an AI powered workforce is to ‘lean in’ on the technology. He believes we are already seeing people develop feelings or attachment to AI as it can alleviate loneliness and be a great companion (basically the movie “HER”), but we should be very careful.

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The Real Promise of Gen AI: It’s in the Apps, Not the Pipes

VC Cafe

Faster Go-to-Market : Using existing GenAi tools and infrastructure should allow startups to cut development time and test and iterate much faster. In contrast, incumbents operating on the application layer are slower to innovate and do not have the same resources and culture to lean-into Gen AI as fast.

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Use cases for Generative AI in gaming

VC Cafe

Generative AI is already being used in developer workflows. We expect AI to further augment content creation pipelines by generating images, audio, video, and code. The applications for generative AI are vast, for us at Remagine Ventures, naturally the impact it can have on gaming is really significant.