Welcome to the TechGround Exchange, a weekly startups-and-markets newsletter. The TechGround+ column is inspired by the daily TechGround column where it gets its name and it’s one of my favorite things to do here at the Exchange. Each Saturday I’ll be sending out a newsletter with some interesting startup pitches and market updates so please subscibe if you’d like to keep up with all of that action!
As Big Tech invests in a resurgence of generative AI, enterprise infrastructure is starting to take note. Cybersecurity experts are increasingly looking towards generative AI to beef up defences against attacks, and investors are beginning to see the potential too. With strong partnerships between generative AI developers and big tech players like Google, Facebook, Microsoft and Amazon, we could be in for some pretty interesting years ahead.
Dev tools plus generative AI
In the latest Demo Day batch, which was released on December 1st, 2019, TechGround noticed three areas where trendsetting startups were focusing their endeavors. Open source software and development tools were at the forefront of many ideas pitched, as was artificial intelligence (AI). These are all issues that are of growing importance to investors and startup communities alike, so it’s clear that this sector is headed in interesting directions.
Some of the most successful startups in the Demo Day batch were those that tapped into AI and machine learning technology. This was most evident with four of the five startup companies that raised additional funding just weeks after Demo Day. Something that may set these companies apart is their ability to use these technologies to help businesses solve specific problems.
Israel is home to some of the most visionary and active tech companies in the world; many of which are focused on enhancing productivity through new, innovative technologies. One such technology is artificial intelligence (AI), which has seen significant growth in recent years. Israeli venture capitalists are well-positioned to invest in this growing field, and as a result, their portfolios tend to feature a good mix of dev tools and AI-focused companies.
While generative AI has the potential to revolutionize how companies explore and manage their infrastructure, there are a number of ways in which it could be implemented that would create beneficial benefits for both businesses and employees. For example, generative AI could help companies improve their understanding of how their systems are working and identifying areas in need of updating or improvement. It could also provide employees with insights into the workings of the company’s data infrastructure, helping them optimize its performance.
