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Cyber Firm Co-Founder Launches New AI Infrastructure Startup
Idan Nurik, a co-founder of Israeli cybersecurity firm Paragon, is leaving to start a new company in AI infrastructure. His departure coincides with Paragon's announcement of a SPAC merger to go public on the Nasdaq.
3 newsrooms · 1 language · sincePlus
What happened
- 01Paragon co-founder Idan Nurik is leaving to start an AI infrastructure company.
- 02Nurik's new venture is expected to include a senior figure from IDF's Unit 8200.
- 03Paragon announced plans to merge with a SPAC and list on the Nasdaq.
- 04AI infrastructure investment is surging globally, exceeding $200 billion from major tech firms.
- 05Global AI infrastructure investment is projected to reach over $1 trillion by 2030.
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