Ori Amsalem’s Post

Odysee's #AISolutions Transform #AirlineScheduling: Unlocking Revenue Potential in Aviation: Odysee's AI-Powered Solutions In an era where #data is often regarded as the new oil, Odysee emerges as a pioneer in the aviation industry, leveraging artificial intelligence to transform flight scheduling into a more profitable endeavor. The startup, born from a collaborative venture lab between a major airli... https://lnkd.in/g2-5JrSX

AI Leads the Funding Race: $79 Billion Projected in 2024 Across US, Europe, and Israel" Description: Artificial intelligence is at the forefront of global venture capital investments in 2024, with a projected $79 billion in funding across the US, Europe, and Israel. Key sectors like generative AI, autonomous driving, and cybersecurity are attracting the largest shares of investment. Notable startups, including autonomous driving company Wayve, are securing billion-dollar rounds, while Accel's new $650 million fund further underscores AI's dominance in shaping the future of technology. Learn how AI is driving unprecedented growth and innovation across industries this year. #AI #VentureCapital #Innovation #TechTrends

Successful implementation of disruptive technologies like a 40-seat eVTOL aircraft requires a new approach to company structure and workflow, according to Freshta Farzam. The CEO and founder of LYTE Aviation which is developing the LA-44 SkyBus, a 40-passenger aircraft capable of vertical takeoff, has just launched a campaign calling on “co-creators” to help get the aircraft into serial production. As well as the LA-44 SkyBus, LYTE is also developing a cargo version aka the LA-44C SkyTruck. Both versions offer a range of 620 miles (1,000 km) with a max speed of 190 mph (300kph). “We put a strong emphasis on co-creators ‘participating’ in our venture, which goes beyond only jobs or partnerships, but also includes them of course. The new normal in our company is that our co-creators on this journey don’t come to work for the salary only. We are disrupting and redefining employment as well,” Farzam tells Revolution.Aero. “People come to us because they can explore their own hidden talents, their true powers and can more efficiently and productively co-create with us to reach one joint goal: getting a truly disruptive aircraft into serial production.” Farzam says LYTE is offering co-creators the chance to be part of “writing a legacy”. She notes the aviation industry has not experienced “true disruption” for about sixty years. “Who has a passion for aviation? Whose first motivation is to create aircraft with other like-minded people? That is who we want to join us.” So what is LYTE Aviation looking for in a co-creator? Farzam says the firm is looking for aerospace engineers and designers all the way up to financial partners, but it is the mindset which is key. “Throughout my own life journey, I have noticed several times that I have been positively surprised by the vast power of keeping titles and roles agile. A doctor became an engineer and a pilot became a hairdresser,” she says. “We all have so many hidden talents, yet, unfortunately so far we were trained, especially the older generations to stick to one role for decades. That comes with its own value, of course but not many have actually been asked how they can add additional value to other areas with their accumulated expertise. We want our co-creators to come with an open mindset and with courage to use their true powers, maybe powers they never dared to even speak about or combine with their current expertise.” Any co-creator joining LYTE Aviation comes into a company focused on building a full-scale prototype to begin flight testing in the next two years. The firm has a number of global partners including Kookiejar of Sweden, Vman in India, Twente Airport in the Netherlands, Volatus Infrastructure & Energy Solutions in the US and Inmarsat in the UK. #avfoilnews

STARTUP NEWS: Aerospace companies have made incredible technological advancements in a short amount of time. SpaceX, one of Forge's Private Magnificent 7 companies, and Relativity Space are capturing investor interest with satellites that are now more cost-effective and quicker to launch, thanks to reusable launch vehicle development. Meanwhile, startups like Anduril Industries and Firefly Aerospace are further exploring space with autonomous systems powered by advancements in machine learning and #AI. Learn more about these #startups at https://lnkd.in/e832CX6B #ForgeGlobal #privatemarkets #startup #techstartup

Odysee's #AISolutions Transform Airline Scheduling: Unlocking Revenue Potential in Aviation: Odysee's AI-Powered Solutions In an era where data is often regarded as the new oil, Odysee emerges as a #pioneer in the #aviation industry, leveraging artificial intelligence to transform flight scheduling into a more profitable endeavor. The startup, born from a collaborative venture lab between a major airli... https://lnkd.in/g2-5JrSX

Flying cars, AI agents, and more—it looks like the future has arrived. 🚀 Recent significant investments in these sectors include: 🤖 Sequoia Capital's USD 100M investment in Reflection.Ai 🚗 IDG Capital, 5Y Capital, and XPENG’s USD 150M investment in XPENG AEROHT In light of these major rounds, Earlybird Partner Dr. Hendrik Brandis and Founder of Mountain Alliance Daniel Wild share their insights on Startup Insider, covering: ⚙️ How AI agents work 🌐 The business models that flying cars could enable 👩💼 The potential impact of AI technology on the labor market Curious to hear more? Follow the link in the comments. Cc: Jan Thomas #StartupInsider #InvestmentsExits #AI #FlyingCars #VentureCapital #Innovation

Successful implementation of disruptive technologies like a 40-seat eVTOL aircraft requires a new approach to company structure and workflow, according to Freshta Farzam. The CEO and founder of LYTE Aviation which is developing the LA-44 SkyBus, a 40-passenger aircraft capable of vertical takeoff, has just launched a campaign calling on “co-creators” to help get the aircraft into serial production. “We put a strong emphasis on co-creators ‘participating’ in our venture, which goes beyond only jobs or partnerships, but also includes them of course. The new normal in our company is that our co-creators on this journey don’t come to work for the salary only. We are disrupting and redefining employment as well,” Farzam tells Revolution.Aero. “People come to us because they can explore their own hidden talents, their true powers and can more efficiently and productively co-create with us to reach one joint goal: getting a truly disruptive aircraft into serial production.” Read full: https://lnkd.in/e3kr5vzU

The deadline to save $600 is quickly approaching. Revolution.Aero San Francisco 2024, taking place on December 4th and 5th, will bring together global pioneers to address these challenges and explore the future of aviation. Join us as we shape the next chapter in air transportation and innovation. Sign up here: https://lnkd.in/eUdZMriX How Revolution.Aero Can Benefit You: For Startups: As a rising player, Revolution.Aero gives you the opportunity to showcase your innovations, meet potential partners and receive invaluable feedback from industry leaders—all while attending for free! Email Ollie@corporatejetinvestor.com to see if you qualify. For Investors: Access to the most exciting startups, innovators, and technologies that are driving the future of aviation. Explore the most promising investment opportunities in a dynamic, future-focused environment. For Aviation Professionals: Revolution.Aero offers the chance to learn from, collaborate and support the brightest minds in aviation, whether you're interested in sustainable aviation, autonomous flight, or market trends in air mobility.

⏰This week in venture and tech, China is ramping up its chip game, Amazon drones are taking off, and startups are making waves with big funding rounds. Let's dive in 📌 China is making moves to boost its chip industry with a $47.5B fund. This comes as a response to U.S. restrictions and subsidies, aiming for "chip sovereignty." Taiwan's TSMC, which makes 90% of the world’s advanced chips, is at the center of this tech tug-of-war. 📌 Amazon's Prime Air just got the green light from the FAA to fly drones over longer distances. This means more customers will soon receive their packages by drone. 🔥 Relay, the cash flow management platform for SMBs, raised $32.2M in a Series B led by Bain Capital Ventures. Relay partners with Thread Bank to offer FDIC-insured services, helping businesses better manage their finances. 🔥 Maven AGI secured $20M in a Series A round led by M13. This startup uses generative AI to answer customer queries and assist human agents. Their AI agents are already impressing companies like Tripadvisor and HubSpot by resolving over 93% of inquiries. 🔥 Salesforce acquired Spiff (Acquired by Salesforce) for $418M, a big jump from its last valuation of $260M. Spiff helps businesses manage incentive-based compensation, proving that solid companies can succeed even in challenging times. 🔗 For more in-depth news and insights, check out our full newsletter here: https://bit.ly/4e9BTci #Venturized

An amazing Day 2 here at Vector Institute 's #Remarkable2024 Event showcasing #AppliedAI. We wrapped up a successful day with our #AI for Mobility Panel. Big thank yous go out to Veronica E. Marin , and Mohammad Khalil from Vector Founding Partners Thales and Air Canada . And danke schoen to our special guest Philipp Skogstad from Mercedes-Benz Research & Development North America, Inc. who joined us (in February) all the way from #SiliconValley. Kudos to our moderator, Melissa M. Chee , for bringing together a compelling and insightful dialogue (with a fair bit of banter too) to explore the shared challenges and opportunities that face our mobility industry. It is clear that clear and fair AI Governance is a critical element to foster innovation, and not get in the way of it. Also, this small thing called #GenerativeAI is accelerating the pace and expanding the scope of change. And just as important, our panel fully agree and embrace #ResponsibleAI - with core principles of #Trust and #Safety - will lead their efforts to design and build AI applications and platforms to the benefit of society. This is another step forward in advancing Canada as a dominant and innovative global AI leader. We invite you to join us on our journey as we will go farther together. Let's Go. #digitalmanufacturing #digitaltransformation #digitaltwin #artificialintelligence #autonomousvehicles #supplychain #semiconductor #softwaredefinedvehicles #optimization #startups #venturecapital #researchanddevelopment #planes #trains #automobiles #industry40