A naukri.com initiative
VC Cafe
4d
232
Image Credit: VC Cafe
Weekly #FIRGUN Newsletter – Dec 20 2024
- The concept of Firgun, a Hebrew term meaning genuine joy in the accomplishment of others, is explained, as is the relevance of the Hanukkah festival, which celebrates success against the odds.
- In the tech world, Databricks has secured $10bn funding, Nvidia has launched a smaller, cheaper AI supercomputer and SoftBank is investing $100bn in US businesses over the next four years, among other key developments.
- Israeli start-ups are also having a record-breaking time, having managed to attract vital funding despite a challenging year.
- In terms of M&A, Boomi has acquired Israeli start-up Rivery for $100m, while the web3 platform Hexagate was picked up by Chainalysis.
- The issue of AI ethics has been explored in a new report from MMC Ventures, while Coller Capital has also released findings, showing LPs are supportive of new entrants in a changing market.
- A range of other subjects are covered, including European and US venture capital fundraising trends, and a demo of the Genesis Project, an open source generative AI video model based on physics.
- A series of key posts by VC Cafe this year are highlighted, covering everything from generative AI to pre-seed rounds and the media and entertainment tech scene in 2025.
- Finally, various festive wishes are expressed, with positive hopes for 2025 and a range of festivals and celebrations given a mention.
- Most of all, the author takes time to thank readers of his newsletter, who have kept him energised throughout the year.
Read Full Article
13 Likes
For uninterrupted reading, download the app