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24/7
Headlines
12:41
Five desalination plants are struggling. Israel won't say how it is making up the difference
12:18
Zuckerberg rejects calls for AI industry-wide slowdown
12:09
Israel's 1.5% inflation rate may be more mirage than reality
11:05
Israel spent $75.7 billion on the war through 2025, with costs set to persist for years
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1
Buildots raises $130 million at nearly $1 billion valuation as AI boom drives data center construction
2
Oracle’s AI transformation gets more expensive as layoffs continue
3
How an Israeli engineer went from Rafael to iPhone Portrait Mode and a $300 million OpenAI exit
4
OpenAI acquires Israeli-founded camera startup Glass Imaging for over $300 million
5
Oracle begins another round of layoffs as $2.8 billion restructuring plan expands
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AI
20 stories about AI
UAE-based Technology Innovation Institute to open Israeli AI/IR Research Center headed by Yoelle Maarek
08.01.24
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Meir Orbach
“I am opening in Haifa, Israel, an AI/IR Research Center for the Technology Innovation Institute (TII). TII is the UAE-based institute that invented Falcon, one of the leading open-source Large Language Models,” Maarek wrote on LinkedIn. “We will work on some of the most interesting challenges in AI and at the same time contribute to the vision of scientific collaboration articulated in the Abraham Accords.”
OpenAI's Sam Altman absent, but AI to dominate CES
07.01.24
|
Reuters
In devices for the visually impaired, and safety systems involving guns at schools, to facial-recognition software that can assess vitals, and cabin-monitoring systems inside autonomous cars, dozens of companies have planned announcements for the show about how they are building AI into their gadgets
Regulators across the world racing to contain AI threats
20.12.23
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Viki Auslender
For the first time, US and EU authorities are defining the use of artificial intelligence in the financial market as a risk, and are setting regulations to deal with it. Meanwhile in Israel, the reaction is slow and lethargic.
OpenWeb appoints Rob Meadows as Chief Technology Officer
20.12.23
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CTech
“There are few voices in the field of artificial intelligence more respected than Rob Meadows, and we're thrilled that he will be bringing that expertise and dedication to ethical AI to OpenWeb,” said Founder and CEO Nadav Shoval.
NVIDIA hosts Investor Day to support Israeli AI startups
19.12.23
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James Spiro
Almost 120 meetings were held between AI startups and foreign and local VCs
Unsupervised AI acceleration sparks regulator concerns for U.S. financial health
17.12.23
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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's Generative AI map rapidly growing
12.12.23
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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
CorrActions raises $7.25 million to prevent vehicle accidents through AI-based brain activity monitoring
12.12.23
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Meir Orbach
The Israeli startup has developed AI-based software that detects abnormalities in the cognitive state of drivers and passengers
CitrusX raises $4.5 million Seed for AI explainability collaboration platform
11.12.23
|
CTech
The Israeli startup’s platform provides model validation, governance, and monitoring so all stakeholders can make better decisions about machine learning
Razor Labs appoints Meital Cohen to Chief Financial Officer
11.12.23
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CTech
“I am sure that the extensive experience that Meital brings with her, especially from the successful growth companies, will help realize our global growth plan as a leading SAAS company in its field,” said CEO and Co-Founder Raz Roditti
Why Europe's landmark AI regulations matter
10.12.23
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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
Elon Musk's xAI raises $135 million, aiming for up to $1 billion
06.12.23
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Reuters
The artificial intelligence startup has filed with the U.S. securities regulator to raise up to $1 billion in an equity offering
I am not a robot: Why CAPTCHA tests are becoming increasingly difficult
03.12.23
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Viki Auslender
CAPTCHA tests, designed to distinguish between humans and bots, no longer just challenge computers but are also becoming more difficult for people to crack
OpenAI's ChatGPT turns one: A deeper look at the AI that changed the world
03.12.23
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Reuters
Despite rising competitors and a boardroom battle at OpenAI, ChatGPT has emerged as the market leader
Mastercard unveils generative AI shopping tool built on Dynamic Yield’s personalization capabilities
30.11.23
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CTech
Shopping Muse is meant to recreate the in-store, human experience by translating consumers’ colloquial language into tailored product recommendations
Global effort to keep AI safe from rogue actors gains momentum
28.11.23
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Reuters
Israel joins the likes of the US and Britain in push for companies to create AI systems that are "secure by design"
8 insights on the OpenAI saga: Winners, losers, and the road ahead
23.11.23
|
Omer Kabir
Altman reinstated as CEO, new board members announced, but questions linger
OpenAI scientists raised alarm on AI innovation before CEO was ousted
23.11.23
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Reuters
Ahead of OpenAI CEO Sam Altman’s four days in exile, several staff researchers wrote a letter to the board of directors warning of a powerful artificial intelligence discovery that they said could threaten humanity
Sam Altman returns as OpenAI CEO following whirlwind weekend
22.11.23
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James Spiro
The company’s board sent the tech space into a headspin last week when it ousted Altman. Now it has been confirmed that he will be returning following a mass backlash
AI21 takes Series C to $208 million with additional $53 million in funding
21.11.23
|
Sophie Shulman
The AI company’s additional funding, including from new investors Intel Capital and Comcast Ventures, was raised at a $1.4 billion valuation
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