Lior Handelsman at Calcalist’s Business Delegation to Paris: AI’s Impact on Startups and Global Investment Trends
As the 2024 Olympic Games approach, Paris became the meeting ground for leading Israeli tech and business figures, alongside French and European investors. Grove Ventures’ General Partner, Lior Handelsman, was among the distinguished members of the Israeli Business Delegation to Paris, an initiative led by Calcalist, Poalim Tech, and the Israeli Olympic Committee.
Strengthening Israeli-European Business Relations
The delegation engaged in exclusive networking events, including cocktail receptions, conferences, and roundtable discussions, where key players from the global startup ecosystem explored new investment opportunities and discussed the challenges posed by AI. The conversations focused on the AI revolution and its long-term consequences for tech companies and startups, especially those relying on traditional product-based business models.
AI: An Opportunity or a Threat for Startups?
During one of the roundtable discussions, Lior Handelsman highlighted a crucial point for startup founders navigating the AI era:
“Every startup needs to stop and think about what is at the core of its product. If this core can be replaced with AI, it’s a problem,” he stated.
As AI continues to disrupt industries, founders must ensure that their technology remains indispensable rather than easily replicated by AI-driven solutions. This shift presents both challenges and opportunities, as companies that leverage AI for innovation will thrive, while others risk obsolescence.
The Future of AI and Investment Strategies
With European and Israeli investors looking to back the next generation of deep tech startups, the delegation emphasized the importance of strategic investments in AI-driven innovation, cybersecurity, and data infrastructure. Events like this delegation foster cross-border collaboration and reinforce Israel’s reputation as a global leader in technological advancement.
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