ENTERPRISE 4.0 | Q1 2024

The BGV Beat

KEY TRENDS

Global AI Innovation

The Global AI Index

The Global AI Index aims to make sense of artificial intelligence in 62 countries, scoring nations based on three pillars of analysis – Investment, Innovation and Implementation.

The Top 10 Countries Leading the AI Race

The global race for AI dominance has intensified over the past decade, with countries investing heavily in research, talent, and adoption of AI technologies. The top 10 countries leading this race are…

DEEPER INSIGHTS

The Big Tech Challenge

Big Tech and Generative AI: Will Big Tech Control Generative AI?

Generative AI is revolutionizing industries worldwide, attracting attention from both global audiences and Big Tech. With the market projected to reach USD 118.06 billion by 2032, its transformative potential is undeniable.

AI Devil
AI won’t be safe until we rein in Big Tech

The chaos at OpenAI highlights the urgency for strict oversight of AI giants. Instead of relying on self-regulation, the EU must enforce regulations to hold these companies accountable. 

Financing Events

AiDash raises $50M to safeguard critical infrastructure from climate-related threats. The Series C round was oversubscribed, indicative of growing investor interest in proven, scalable, and effective climate technologies.

A further 15 million euros is being invested by German Bionic’s industrialization partner Mubea together with German and international partners as part of a Series A extension. the European deep tech company is scaling up its market activities and production.

secret double octopus

Secret Double Octopus secures a Series C funding round to propel global expansion of innovative passwordless technology. The company raised another $15M in capital, including this most recent equity round led by BGV. 

Darrow raises $35 M for an AI that parses public documents for class action lawsuit potential. The funding is coming in the wake of a strong run in the last couple of years: Darrow says that active cases that were started as a result of its data insights currently total around $10 billion in claims.

Global Perspectives

Global

Gen AI stands at the forefront of a transformative era, shaping markets, national defense, and human culture. This rapid evolution demands urgent attention from leaders worldwide as they navigate its complexities.

Israel

In the dynamic landscape of AI, Israel stands out as a major hub for innovation. Despite facing challenges such as changes in government policies and geopolitical tensions, Israeli generative AI startups are steadily gaining momentum.

France

French tech is thriving, particularly in AI. Entrepreneurs like Hugo Mercier are finding success with projects like Twin Labs, while startups like Mistral AI and Poolside AI are attracting significant investments.

India

In a significant development for India’s tech ecosystem, top executives from industry giants Microsoft and Google are gearing up to visit the country. Their mission? To tap into India’s expansive talent pool of programmers and propel the widespread adoption of AI.

From our portfolio

AI Enablement: Pioneering the Next Wave of Innovation

Join EAIGG at the World AI Cannes Festival in France with Panelists Anna Fellander, Founder of Anch.ai,  Debu Chatterjee, CEO of Konfer, and David Fraser, Product Lead at MindsDB. Moderated by Sarah Benhamou, Partner at BGV. 

This panel will explore how these startups are using AI to revolutionize traditional industries, discussing their unique innovation strategies, the challenges they encounter in a rapidly changing tech environment, and their visions for the future of AI in business. Aimed at startup founders, enterprise leaders, and technologists, this session offers a window into the forefront of AI applications and how these innovations are transforming the business landscape