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The generative AI boom has been more than a decade in the making, and now it’s accelerating. For countless companies around the globe, one question is looming larger than any other: How can we win in the era of generative AI? CB Insights analyses the tech's development, future trends, and key players in our Generative AI Bible. Highlights: - 300+ startups in the genAI landscape - Nvidia is the #1 investor in genAI - US startups are raising deals at 2x the rate of the rest of the world combined - While OpenAI is a clear leader, there’s no winner yet in foundation models #GenerativeAI #AIInnovation #TechTrends #AIStartups #Nvidia #OpenAI #FutureTech

Reflecting on the incredible journey of generative AI in 2023, it's clear that the sector experienced unprecedented growth, driven by substantial investments from industry leaders and research giants including OpenAI, Microsoft, Google, Amazon, IBM, Salesforce, and Nvidia. Remarkably, generative AI has shown resilience against the broader slowdown in venture capital investment, sparking the rise of numerous well-funded startups. As we move through 2024, it's important to revisit the foundational pillars identified by Gartner that fueled last year's advancements in generative AI: 1. Infrastructure 2. Models 3. AI Engineering Tools 4. Applications These areas have not only shaped the trajectory of generative AI but also underscored the widespread confidence in its potential to revolutionize industries. #GenerativeAI #TechInnovation #FutureOfTechnology #AIInfrastructure #AIModels #AIEngineering #AIApplications

How to prepare your employees for generative AI in the workplace https://cstu.io/7705a8 #internet #google #computerscience #oneplus #startup

Join us for a private webinar with Jae Lee, Co-founder and CEO of Twelve Labs - the multimodal AI builder backed by NVIDIA, revolutionizing video search technology. RSVP 👉 https://bit.ly/3TrNKKQ [About Twelve Labs] * Ranked #1 in the video retrieval track from the 2021 ICCV VALUE Challenge hosted by Microsoft, outperforming the giants in cost as well as performance  * Backed by Nvidia, Intel, Samsung Next, and more [What Is It About?] 🔍 Building a foundational model as an early stage startup The challenges of building a foundational model as an early startup & the decision-making process behind building of each APIs Twelve Labs currently provides 📈 Twelve Labs’ future growth strategy Hear more about how Twelve Labs views the future of video market / AI industry evolving. What are the next steps in plan for the startup   💪 Navigating the AI Wave Submit questions for Jae in the comments below regarding the AI industry landscape - be prepared to ask your question in person, and dive into a real conversation with the speaker. [Who Should Join?] - AI Engineers💡 hoping to engage in highly technical conversation with one of the fastest-growing AI startups building multimodal foundation model.  - Entrepreneurs in the AI Industry🔍 in need of staying up-to-date with the most recent updates and industry trends in the area RSVP for Limited Promotion Spots : https://bit.ly/3TrNKKQ

AI21 Labs Ascends with a $155M Series C Round AI21 Labs, originating from Tel Aviv, solidifies its standing in the #AITextGeneration domain, garnering a spectacular $155M in Series C, elevating its valuation to $1.4B, and total funding to $283M. Notably, the round was led by a consortium of eminent investors: Walden Catalyst Ventures, Pitango, SCB10X, b2venture, Samsung Next, and Amnon Shashua, the founder of Intel Corporation-owned Mobileye and co-founder of AI21 Labs. Tech titans Google and NVIDIA also joined the investment wave, underscoring the company’s promise in the #AITextGeneration sector.  Distinguished Offerings & Strategic Moves: Despite being capital-intensive and having formidable competitors, AI21 Labs perpetuates an edge by providing trustworthy, accurate, and integrable AI solutions, developed on extensive and fresh training data. While also partnering with potent platforms like Amazon’s Bedrock and maintaining an expanding language support, it addresses global and versatile generative AI use-cases. Planned Expansion & Skillful Leadership: Prioritizing expansion, AI21 Labs intends to accelerate R&D, establish far-reaching partnerships, and amplify its team, especially in research and business development domains. The induction of Pankaj Dugar, an experienced exec from Google, into its leadership echelon, fortifies its strategic and operational framework, projecting a promising trajectory ahead. Navigating through challenging yet lucrative territories in the AI domain, AI21 Labs curates a blend of technological innovation and strategic evolution, positioning itself as a compelling watch in the global AI narrative.  #AIInvestment #TechnologyInnovation #GlobalAIExpansion #AI TechCrunch

Explore the dynamic AI landscape in Pitchbook's latest report! Uncover insights on the $15.9 billion generative AI market, with a compelling 87.6% CAGR expected by 2026. Join the conversation at PitchBook for a data-driven discussion. #ai #PitchbookInsights

WATCH: CNBC interview with SambaNova Systems Co-Founder and CEO Rodrigo Liang, on the announcement of the revolutionary SN40L, which powers SambaNova Suite- the first purpose-built, full stack large language model #LLM platform with world class open-source models. https://lnkd.in/gFQ89CVs #ai #artificialintelligence #pervasiveai #nlp #llm #opensource #ml #enterpriseAI #generativeAI #inference #tcdisrupt2023