In Israel, A Stand Out Year For Artificial Intelligence Technologies


artificial intelligence ai

(Worthy News) – Artificial Intelligence technologies in Israel saw significant growth in 2018, in the number of companies raising funding, the amounts invested, as well as new products released, a new report by Start-Up Nation Central shows.

Israel is home to a vibrant AI ecosystem that grew from 512 companies in 2014 to 1,150 by the end of 2018 (120% increase in 4 years). These include companies that develop core AI technologies as well as companies that utilize AI-technologies for their vertical-related products and services, such as healthcare, cyber security, autonomous driving, among others.

Start-Up Nation Central’s report shows that in 2018, AI-related companies accounted for 17% of the total number of 6,673 active Israeli tech companies in Israel tracked by Start-Up Nation Finder, SNC’s innovation discovery platform. Strikingly, 32% of all funding rounds and 37% of the total capital raised went to AI-related companies, representing a 94% increase from the number of funding rounds raised by AI-related companies in 2014, and an 85% increase in the amount of capital raised. The total capital raised by AI companies in 2018 ($2.25B) more than tripled from the amount raised in 2014 ($516M) —-a peak year in terms of capital raised by Israeli AI companies. [ Source: Forbes (Read More…) ]

We're being CENSORED ... HELP get the WORD OUT! SHARE!!!

Related News Items:

Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Worthy Christian News