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Full coverage· Tech· Updated

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.

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What happened

  1. 01Paragon co-founder Idan Nurik is leaving to start an AI infrastructure company.
  2. 02Nurik's new venture is expected to include a senior figure from IDF's Unit 8200.
  3. 03Paragon announced plans to merge with a SPAC and list on the Nasdaq.
  4. 04AI infrastructure investment is surging globally, exceeding $200 billion from major tech firms.
  5. 05Global AI infrastructure investment is projected to reach over $1 trillion by 2030.
Translated and summarized by baba from Calcalist, the latest report. Read Calcalist’s original

The coverage

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