Haaretz EnglishTech
Israeli Startups Aim to Cut AI Costs Amidst Global Competition
Summarized from Haaretz English by baba
Center-leftNeutral tone
Israeli startups are working to make artificial intelligence more affordable by reducing the high costs of computing power needed for AI models. Amnon Shashua's company, doubleAI, has released its first product, which focuses on making AI cheaper to run, a shift from its original ambitious goals.
The story in 4 lines · by baba
- Israeli startups are developing ways to make AI cheaper and faster to run.
- doubleAI, founded by Amnon Shashua, has launched its first commercial product.
- The company secured $220 million in funding over three years for its research.
- doubleAI's new system aims to reduce the operational costs of AI.
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