Israel is in third place in the world in the number of startups in the AI sector – WZO

Israel is in third place in the world in the number of startups in the AI sector

At the end of June, two significant international conferences took place at Tel Aviv University: Cyber Week 2024 and AI Week 2024. Both conferences have a high reputation in the global professional community and are considered key events in their fields.

Artificial intelligence concept. Photo: berya113/ depositphotos.com

At Cyber Week 2024, participants actively discussed current cybersecurity issues in seminars, sessions, and roundtables, emphasizing the need for joint solutions to challenges in this important area.

AI Week 2024, in turn, focused on showcasing cutting-edge achievements in artificial intelligence research and the application of intelligent systems. The conference attracted leading industry representatives and academic centers, providing a unique opportunity for active communication and experience sharing.

As part of a report presented by the Israel Innovation Authority, impressive achievements of the country in the startup and artificial intelligence sectors were announced. Israel ranks third in the world in the number of startups specializing in artificial intelligence, with 83 companies in the Gen AI sector, trailing only the USA and the UK.

Global activity in artificial intelligence investments highlights the strategic importance of this field for future development. The plans of the Innovation Authority include investments of about 600 million shekels by the end of the current year as part of a national program, the total volume of which amounts to one billion shekels. This emphasizes the need for close cooperation between government bodies, industry, and the academic community to strengthen Israel’s position as a global leader in the field of artificial intelligence.

29 Jun 2024
1 min read
378
Recent news

Read more

The עברית Social Club offers!

The עברית Social Club offers!

Dear Friends!  The עברית Social Club offers you the opportunity to express yourselves in Hebrew! Our first series of sessions will be via ZOOM and are intended for those with an intermediate, intermediate-plus and advanced level of Hebrew.
Happy New Year

Happy New Year

Photo: JNaether / depositphotos.com Today is December 31 – the last day of 2023.
The results of the debates in Toronto: anti-Zionism and anti-Semitism – two sides of the same coin

The results of the debates in Toronto: anti-Zionism and anti-Semitism – two sides of the same coin

On June 17, in the Canadian city of Toronto, the Munk Debates took place, known for their intellectual approach to pressing social issues.