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New BGU AI Collaboration Launched: ‘The Institute’

New BGU AI Collaboration Launched: ‘The Institute’

May 22, 2024

Current events, Robotics & High-Tech

President Isaac Herzog at The Institute’s launch

The Jerusalem Post  – A national collaborative endeavor to bolster Israel’s competitive edge in the field of artificial intelligence launched at Midreshet Ben-Gurion on Wednesday.

The endeavor, called The Institute, delivers training programs tailor made for corporate executives and aims to give them the tools they need to navigate changes made to the business world by AI.

The initiative is led by venture capital group Group 11 in partnership with Ben-Gurion University of the Negev (BGU) and prominent global corporations such as Dream and Microsoft. Among participating companies is software company NVIDIA.

Israeli-American Group 11 founding partner and Israeli Shark Tank participant Dovi Frances, celebrated the launch calling it a first in the history of Israeli high-tech.

“The reason countries do not boycott us [Israel] is because of our human capital, the hi-tech and the financial connections that they do not want to lose. An initiative like this one is critical to our future and we will become the leaders in the field. I am committed to advancing it and supporting it to the best of my ability for the technological future of Israel,” Israeli President Isaac Herzog noted at The Institute’s launch.

Americans for Ben-Gurion University CEO Doug Seserman said, “President Herzog is right — the best response to boycotts of Israel is rallying around what’s right by supporting the country’s world-renowned penchant for innovation and entrepreneurship. As Americans for Ben-Gurion University, we will continue to build a movement in support BGU’s commitment to improving the world through the development of scalable solutions for all of humanity in fields such as artificial intelligence, water conservation, environmental science, medical research, cybersecurity, and more.”

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