Press Release: Artificial Intelligence Startups in Israel

Press Release

Press Release:  Tel Aviv, Israel, September 12th, 2017 – Artificial Intelligence Startups in Israel

The number of startups using artificial intelligence has been growing sharply in the last few years. This new industry is acquiring a huge space and is expected to lead a technological revolution worldwide. Funding for AI startups is increasing and the most active investors are Microsoft Accelerator, Office of the Chief Scientist of Israel, JVP, Nielsen Innovate, OurCrowd, Magma Venture Partners, UpWest Labs, Aleph, Glilot Capital Partners and Horizons Ventures.

Israel has been given the nickname “Startup Nation” for its rising involvement in entrepreneurship ventures. The nation boasts a climate of transparency and collaboration. The sectors with the largest concentration of growth include: FinTech, marketing, enterprise, and healthcare. The artificial intelligence industry is expected to be worth $59.8 billion by 2025. I Know First is one of the first Israeli startups to utilize AI technology to predict the financial market. The company utilizes a self-learning AI based algorithm that is continuously learning and adapting to changing market situations. Subsequently, I Know First is featured among the top FinTech startup companies in Israel.

Additionally, you can read more about Israel’s AI startups on this link.

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Press Release

I Know First, Ltd. is a financial technology company that provides daily investment forecasts based on an advanced, self-learning algorithm. Thus, the company’s algorithm predicts over 3,000 securities (and growing). Thus, it has capabilities to discover patterns in large sets of historical stock market data.

The underlying technology of the algorithm based itself on Artificial Intelligence. It also based itself on machine learning and incorporating elements of artificial neural networks and genetic algorithms. Moreover, the algorithm generates daily market predictions for stocks, commodities, ETF’s, interest rates, currencies, and world indices for the short, medium and long-term time horizons.

For more information, visit I Know First.