Bill Ackman Invests in Israeli AI Startup 2Delta
Translated & summarized from Globes by baba
Billionaire investor Bill Ackman has invested tens of millions of dollars in the Israeli AI startup 2Delta, co-founded by former Google executive Dvir Zeltzer and AI guru Dr. Eli David. The company, based in Tel Aviv and employing fewer than 10 people, aims to accelerate AI performance. Dr. David noted the potential for significant improvements in AI architecture efficiency. Ackman, currently in Israel, expressed optimism about the country's economic future.
The story in 6 lines · by baba
- Billionaire Bill Ackman invested in Israeli AI startup 2Delta.
- 2Delta aims to accelerate artificial intelligence performance.
- The company was co-founded by former Google executive Dvir Zeltzer and AI guru Dr. Eli David.
- Estimates suggest tens of millions of dollars have been invested in the startup.
- 2Delta currently employs fewer than 10 people and is based in Tel Aviv.
- Dr. Eli David has gained a large following on X for his AI insights.
American billionaire Bill Ackman, currently visiting Israel, has revealed an investment in 2Delta, an Israeli company focused on accelerating artificial intelligence. The company was co-founded by Dvir Zeltzer, a former Google executive, and Dr. Eli David, who previously founded DeepCube, which was acquired by Nano Dimension.
While specific investment figures were not disclosed, estimates suggest tens of millions of dollars have been invested in 2Delta to date. The startup, registered in Tel Aviv, currently employs fewer than 10 people. Its website features a slogan, "Intelligence is about to change hands, and pass into yours," and highlights research demonstrating its ability to triple the performance of Nvidia's Nemotron AI model, a study conducted in collaboration with Nvidia.
Dr. David, described as an AI guru, has gained a significant following on X (formerly Twitter), growing from 300,000 to approximately one million followers. He gained attention for posting about events in Israel on October 7th, which led to both unfollows and new followers. He stated in a podcast interview with investor Michael Eisenberg that he avoids overly "Woke" language in AI models and believes current neural network architectures are inefficient, presenting an opportunity for improvement in speed and cost.
Ackman's visit to Israel has also included remarks about the country's economic potential, with him stating, "Israel will be one of the best economies in the world."
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