CHAMBER OF COMMERCE ISRAEL - UKRAINE’s Post

Rivos Raises $250 Million to Fuel the AI Hardware Boom! #AIHardware Hot on the heels of a successful funding round, Silicon Valley's Rivos Inc. is poised to make waves in the AI chip market. This $250 million investment, led by Matrix Capital with participation from tech giants like Intel and MediaTek, fuels the development of their first product designed to tackle the ever-growing demands of data analytics and generative AI. Stay tuned for more on how Rivos plans to revolutionize the AI hardware landscape! #AIHardware (already included in the post) #RivosFunding #SiliconValleyStartups #DataAnalyticsAI #GenerativeAIHardware #ChipInnovation #NextGenAI #MachineLearningPowerhouse #InvestorConfidence #FutureofComputing #4:44firm

The startup founded by Gaurav Agarwal, an alumnus of chipmakers Nvidia Corp. and Texas Instruments Inc., has come out of stealth mode to close a $4.7 million seed round led by pi Ventures. 🚀 💰 It was joined by firms including Anorak Ventures and TenOneTen Ventures. The Silicon Valley startup uses foundation models to detect and fix problems in AI, such as hallucinations — a well-publicized phenomenon — or failure to factor in critical real-time information. 🤝 📄 RagaAI has secured funding to develop a tool to diagnose and fix flaws in artificial intelligence systems, responding to an increasing emphasis on safety and reliability during the AI boom. 🤖 💥 For more information, please check the comment section.... 👇 #digitalbusinessnetwork #dailyupdates

Noizend is solving chronic low frequency noise problems in the urban environment. Noizend has assembled a multi-disciplinary development team headed by Dr Zhao of the University of Technology Sydney (UTS). UTS has a designated specialised Centre for Audio, Acoustics and Vibration. Noizend has been approved to join NVIDIA’s inception program for start-ups, the premier virtual accelerator for cutting-edge AI startups that are revolutionising industries. This is an opportunity to invest in a company which is accessing a huge global market. Invest in Noizend: https://hubs.la/Q02gmTtg0

Are you an early-stage AI startup? Learn from Mod Tech Labs’ success story. With the guidance and technical support from Intel Liftoff for Startups, they've made remarkable strides. Mod Tech Labs' use of the program’s resources has led to major AI advancements in computational speed and anomaly detection. This progress stems from our specialized mentorship, advanced Intel GPU hardware, and strategic industry insights. Check out their testimonial below. Intel Liftoff is the ideal platform for early-stage AI startups looking to innovate and scale. Learn more about the program here: https://intel.ly/4ao6Vvv #IntelLiftoff #ArtificialIntelligence #ML #Startups

Semiconductors is a fundamental #technology that fuels the growth of our society over the past decades. The associated engineering innovations keep attracting huge #investments on a monthly basis and the relevant #markets keep expanding with new emerging #applications. 👉 You may read this article to find out which technologies and applications areas were in the spotlight during December 2023.

Access Details: https://lnkd.in/gJBP2BV2    South Korea has emerged as a dynamic hub for innovation, with a burgeoning ecosystem of deep tech startups poised to reshape the technological landscape. With a focus on fostering innovation, the nation has witnessed a surge in startups exploring fields such as artificial intelligence, biotechnology, robotics, and quantum computing. The country's venture capital landscape has seen a significant uptick, with a substantial portion directed towards deep tech enterprises. Startups in Focus: Fantom Foundation, LUXROBO, H ROBOTICS INC, Upstage, Lunit Global, WEMIX, Skelter Labs, DeepBrain AI, 카카오엔터프라이즈 (Kakao Enterprise), Rebellions Inc, FuturePlay, Ground X, Seoul Robotics, and CNT Tech. #deeptech #SouthkoreanStartups #marketintelligence #companyprofiles #southkorea  

Oriole Networks Raises £10M in Seed Funding Oriole Networks, a London, UK-based startup using light to train LLMs, raised £10M in Seed funding. The round was led by UCL Technology Fund, Clean Growth Fund, XTX Ventures and Dorilton Ventures. It was supported by Innovate UK Investor Partnership. The company intends to use the funds to enhance AI performance and adoption. Founded in 2023 by UCL scientists, Professor George Zervas, Alessandro Ottino and Joshua Benjamin, with CEO James Regan, Oriole Networks has developed a novel way of using light to connect thousands of AI chips together. Once connected, the power of each individual graphics processing units (GPUs) is combined to form a “super-brain”, which can be used to train advanced Large Language Models faster, with a thousandth of the latency, while using a tiny fraction of energy. Oriole Networks is a spinout from University College London and its IP is licensed through UCL’s technology transfer company, UCLB. Source: FinSMEs

#DeepTechBriefing of this week is out! Let's dive into the most groundbreaking developments in #DeepTech this week: 💊 𝐍𝐕𝐈𝐃𝐈𝐀 𝐈𝐧𝐯𝐞𝐬𝐭𝐬 𝐢𝐧 𝐀𝐈-𝐄𝐧𝐚𝐛𝐥𝐞𝐝 𝐃𝐫𝐮𝐠 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭: NVIDIA and top VC firms are backing Vilya, a pioneer in AI-driven macrocyclic drug design, with a $71 million Series A funding. This technology promises to revolutionize the peptide therapeutics market, which is expected to reach $60 billion by 2025. 👁️ 𝐌𝐢𝐬𝐬𝐢𝐨𝐧 𝐈𝐦𝐩𝐨𝐬𝐬𝐢𝐛𝐥𝐞-𝐈𝐧𝐬𝐩𝐢𝐫𝐞𝐝 𝐒𝐦𝐚𝐫𝐭 𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐋𝐞𝐧𝐬𝐞𝐬: Researchers at NTU have developed ultra-thin batteries for smart contact lenses that can be charged by tears! This breakthrough could redefine real-time health monitoring and augmented reality applications. 🏡 𝐑𝐚𝐜𝐞 𝐭𝐨 𝐂𝐚𝐫𝐛𝐨𝐧-𝐍𝐞𝐮𝐭𝐫𝐚𝐥 𝐁𝐮𝐢𝐥𝐝𝐢𝐧𝐠𝐬: The construction industry is turning to biochar-based materials to achieve carbon neutrality. ecoLocked’s innovative biochar concrete admixture is leading the charge, supported by a €4 million funding round. 🛰️ 𝐈𝐏𝐎 𝐟𝐨𝐫 𝐒𝐩𝐚𝐜𝐞 𝐃𝐞𝐛𝐫𝐢𝐬 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲: Astroscale, a leader in space debris removal technology, has debuted on the Tokyo Stock Exchange with a $1 billion valuation. Their orbital rendezvous technology marks a significant step toward sustainable space operations. 🔸 𝐌𝐢𝐥𝐥𝐢𝐨𝐧-𝐝𝐨𝐥𝐥𝐚𝐫 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐟𝐨𝐫 𝐈𝐧-𝐌𝐞𝐦𝐨𝐫𝐲 𝐂𝐨𝐦𝐩𝐮𝐭𝐢𝐧𝐠: Swiss startup Synthara AG has secured $11 million to advance in-memory computing technology, promising to transform embedded AI by enhancing processing speed and energy efficiency. 𝐖𝐡𝐲 𝐜𝐚𝐫𝐞? Deep Tech is the new frontier with $ trillions in assets! Get insights from cutting-edge tech innovations to the most significant startups and capital moves to stay ahead, stay competitive, and seize this new market opportunity! ✅✅✅ Here’s just a snapshot, read the full version here: https://lnkd.in/d5ntfu7w Each of these developments not only represents a technological leap but also underscores the interdisciplinary effort required to solve our most pressing global challenges. Whether it's through advanced drug discovery, innovative wearable tech, or sustainable construction practices, the path to a sustainable future is paved with innovation. Stay curious and informed, The Scenarionist #hardtech #techinnovation #tech #science #IPO #innovation #technology #startups #vcs #venturecapital

The NATO Innovation Fund , a €1 billion initiative supported by 24 NATO countries, has recently announced its backing of four deeptech startups in Europe with long-term equity investments. This significant investment aims to advance innovation in various cutting-edge technologies, including novel materials, manufacturing, artificial intelligence, and space exploration. Among the startups receiving support from the NIF are Space Forge, based in Wales, and Fractile AI, located in London. Space Forge is focused on developing automated factories that operate in orbit to produce high-quality materials, while Fractile AI is working on chip design to accelerate AI applications, particularly in generative AI Large Language Models . #electricalengineering #electronics #embedded #embeddedsystems #electrical #computerchips Follow us on LinkedIn to get daily news: HardwareBee - Electronic News and Vendor Directory

Five insights gleaned from the recent Intel Ignite & Two Lanterns Venture Capital: AI Innovation Night at the MIT Media Lab: 1) Massachusetts Institute of Technology prof to prof: Speaking with Hari Balakrishnan, Ramesh Raskar said #decentralizedAI is coming. I say for Domino Data Lab and Vultr, the future is already here as they are currently enabling #inference at the edge. 2) Ramesh also said that in the totality of #AI use cases in business, #generativeAI will play a very small role compared to #traditionalAI, which begs the question “How much higher will the pricetag for genAI fomo go?” 3) Patricia Geli of C10 Labs drew distinctions between #screenAI and #dimensionalAI, where dimensional “transcends the limitations of 2D screens to employ AI to address real-world challenges.” Starting an AI software company is comparatively easy; but starting a company around dimensional AI may be the fast track to competitive advantage. (And maybe the faster path to saving the world.) 4) Alex Finkelstein of Spark Capital said that unlike previous technological innovations that tended to cause more disruption for laborers and tradespeople, AI is far more likely to disrupt white-collar professions. Sounds like professional flexibility is still the key. 5) G20 Ventures’ Mike Troiano had the best quip of the night: “Startups succeed by acts of individual heroism. Companies succeed by repeatable processes.” Hard to argue with that one! https://lnkd.in/eWcKvyzw