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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.

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

VC Cafe

It’s easy to find bad news about venture capital these days. In other words, the venture capital bust has only just started. 2023 was a rough year for Venture Capital and for startups, and it might get even worse. Global venture funding fell 42% year over years to $248.8

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Generative AI mega rounds and opportunities for Israeli startups

VC Cafe

To put things in context, global venture funding in Q2 2023 reached $65 billion, an 18% decline quarter over quarter, and a 49% drop compared to the second quarter of 2022, when startup investors spent $127 billion, according to Crunchbase. Amidst this bleak funding environment, AI has been a saviour, reports the WSJ.

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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 trillion to the global economy, with $6.6 The global generative AI market was valued at USD 8.12

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Impressions from Pocket Gamer Connects in London

VC Cafe

“ Video games will move to the center of the entertainment and pop-culture universe next year” Axios, Future of media: Gaming Over the past two days, I had a chance to attend the Pocket Gamer Connects (PGC) London and meet and greet game developers, execs, studios, investors and service providers to the gaming industry.

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Deep Fake Love & AI Girlfriends

Start Up Blog

The market size is over $US10 billion globally in revenue. Many of these are funded by respected venture capital firms such as AZ16. The estimated number of people with ongoing AI-centric relationships is in the many millions. This is why people develop quasi-kinships with media personalities.