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Artificial Intelligence

20 stories about Artificial Intelligence
Dror Bin IIA

Israel launches multi-million initiative to attract top global AI talent

11.08.24|CTech
The 10 million shekel program will support recruitment of highly skilled AI researchers with advanced degrees and experience in the high-tech industry to bolster Israeli high-tech companies.
מטוס של אזול איירליינס חברות תעופה

Fetcherr nets $90 million for GenAI pricing engine

26.06.24|CTech
The Algo based company developed an agnostic AI-driven market engine and aims to disrupt traditional legacy revenue systems through deep learning methodologies, beginning with the airline industry 
מנכ"ל אמזון אנדי ג'סי ומנכ"ל גוגל סונדר פיצ'אי

From euphoria to reality: Generative AI faces growing pains in corporate world

20.06.24|Viki Auslender
A recent survey has claimed that “the honeymoon phase of generative artificial intelligence is over," with “the initial euphoria giving way to a more measured approach." 
מוסף שבועי 8.6.23 מימין ד"ר איליה סוצקבר ומנכ"ל OPEN AI סם אלטמן באוניברסיטת תל אביב

OpenAI co-founder Ilya Sutskever founding new AI company with offices in Tel Aviv

19.06.24|Omer Kabir
Safe Superintelligence (SSI), the new company founded by Sutskever, Daniel Gross and Daniel Levy, will emphasize safe developments in the field of artificial intelligence. "Our business model means safety, security, and progress are all insulated from short-term commercial pressures," the founders said.
AI

AI down? ChatGPT, Gemini, Claude and other AI platforms suffer system outage

04.06.24|Omer Kabir
It remains unclear what has resulted in the simultaneous failure of the platforms 
מיכל קיסוס מנכ"לית פפר כנס שוק הון צעירים

Time is ripe for AI ethics to move from the sidelines to the forefront

20.05.24|Michal Kissos Hertzog
The discussion of AI regulation and ethics is on the sidelines at VivaTech this year. It will be interesting to see where the discussion will turn next year
מוסף שבועי 8.6.23 מימין ד"ר איליה סוצקבר ומנכ"ל OPEN AI סם אלטמן באוניברסיטת תל אביב

OpenAI Israeli mastermind Ilya Sutskever departs ChatGPT maker

15.05.24|Omer Kabir and Reuters
Sutskever played a key role in CEO Sam Altman's dramatic firing and rehiring in November last year. After Altman returned, the chief scientist was removed from the board and his position at the company became unclear. 
Israeli Generative AI Landscape

Israel's Generative AI expansion: A 2024 market overview

09.05.24|Amit Revivo, Kevin Baxpehler, Eze Vidra
The local GenAI landscape now covers 27 categories, a significant expansion from 17 previously, featuring a total of 238 companies, almost double from last September
Neureality founders Yossi Kasus Moshe Tanach Tzvika Shmueli

NeuReality raises $20 million to make AI data centers faster and cheaper

19.03.24|Meir Orbach
The Israeli startup’s efficient AI-centric system architecture enables companies to run generative AI applications and large language models (LLMs) without overinvesting in scarce and underutilized GPUs
רז רודיטי מנכ"ל רייזור לאבס לצד בורסת תל אביב

The Israeli AI startup that has soared 805% in four months, but is still down 66% on IPO price

04.03.24|Yaniv Rahimi
The stock that has recorded the sharpest price increases since the beginning of the year on the Tel Aviv Stock Exchange is Razor Labs, which has jumped by 156%. Over the past four months, Razor's stock has soared by 805%, but an investor who bought Razor shares three years ago and held them to this day is still down 66%
מילת השנה AI

Who will be the next Nvidia? Wall Street looking for new name to ride AI wave

01.03.24|Reuters
Whether investors are looking at the broader chip industry or betting on firms elsewhere in the value chain, they agree on one thing: AI is here to stay
צוות BRIA AI

BRIA raises $24 million Series A for ‘ethical’ visual generative AI platform

21.02.24|Meir Orbach
The Israeli startup collaborates with many of the world’s leading stock image providers and manages over one billion licensed images. These images are used to train BRIA’s text-to-image foundation models while ensuring the original creators, artists, and media companies receive royalties to fairly compensate for their images’ contribution to the final generated output
לירון רוז משקיע אנג'ל

Which country will be the first to establish AI-related norms and conventions?

04.02.24|Liron Rose
"Technology and world economies received a much-needed injection of energy and new blood from artificial intelligence, but the dangers of AI are more tangible than ever before," writes Liron Rose
Generative AI Chip

Mapping Israel's GenAI security pioneers

01.02.24|Sophie Shulman
It is estimated that in the past year there were between eight and ten Seed rounds for Israeli AI security companies, averaging $5-6 million
בינה מלאכותית גוגל מיקרוסופט

Alphabet, Microsoft earnings shake AI companies, erase $190 billion

31.01.24|Reuters
The selloff following the tech giants' reports after the bell underscored investors' elevated expectations following an AI-fueled stock market rally in recent months that propelled their shares to record highs with the promise of incorporating the technology across the corporate landscape
מילת השנה AI

Unsupervised AI acceleration sparks regulator concerns for U.S. financial health

17.12.23|Reuters
"AI can introduce certain risks, including safety and soundness risks like cyber and model risks," the Financial Stability Oversight Council wrote in its report
Israel Gen AI map

Israel's Generative AI map rapidly growing

12.12.23|Elihay Vidal
Israel currently ranks as the third-largest Generative AI venture capital ecosystem globally, boasting an impressive investment influx of over $2.2 billion in the last three years. Viola Ventures' Alex Shmulovich highlights shifting trends, emphasizing incumbent dominance in horizontal applications and vertical startups' rise with industry-specific solutions
בינה מלאכותית גוגל מיקרוסופט

Why Europe's landmark AI regulations matter

10.12.23|Reuters
The regulations bar biometric categorization systems, untargeted scraping of facial images from the internet or CCTV footage, emotion recognition in the workplace and educational institutions, social scoring based on social behavior, AI systems that manipulate human behavior, and AI used to exploit the vulnerabilities of people
Michael Matias Tom Hanks

“We are in an AI arms race, and today deepfakes are the new AI cybersecurity threat”

05.10.23|Elihay Vidal
According to Michael Matias, CEO of AI cybersecurity startup Clarity, the instance in which scammers used Tom Hanks' image to create a fake ad is only the tip of the iceberg. Just like the emergence of network and application security, we now experience an exponentially rising attack vector of social engineering and phishing
Sharona Mizrahi

Unlocking the potential of artificial intelligence in HR for startups

28.09.23|Sharona Mizrahi
“While AI offers substantial advantages in recruitment, it is essential to tread carefully. Ensuring appropriate, fair, and monitored application of AI is crucial to maintaining the human element of recruiting and talent placement,” writes Sharona Mizrahi of Blumberg Capital
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