Visual intelligence company AnyClip announced today the closing of a new $47 million round of investment, bringing total funding to date to $71 million. The round was led by JVP, with participation from La Maison, Bank Mizrahi and internal investors. Covid-19 lockdowns accelerated video production, dissemination and viewership, driving AnyClip to 600% growth in 2020, according to President and CEO Gil Becker. AnyClip is introducing today the first fully automated and centralized platform for video management, distribution, contextualization and analytics, and monetization, all powered by AI. Understanding video is one of the most challenging problems in AI, primarily because of the lack of data that captures the essence of the video content.

A 2018 simulation study by McKinsey predicts that by 2030, "some 70 percent of companies might have adopted at least one type of AI technology". The report also estimates that AI will generate $13 trillion in economic activity by 2030. However, the report also comes with a warning for late adopters of recruiting AI technology. "[L]ate adopters might find it difficult to generate impact from AI, because front-runners have already captured AI opportunities and late adopters lag in developing capabilities and attracting talent."