Annanim News

Israel

3 stories

Israeli researchers get a $500,000 bounty for a single bug found by their AI tool

Harel Rom and Gabriel Balko say they were awarded a $500,000 bounty for a single security vulnerability that, by their account, could have allowed the theft of about $100 million. According to Geektime, the bug was found by the AI system they built, whose open-source version, Open-Kritt, is available on GitHub.

Read the full story: Israeli researchers get a $500,000 bounty for a single bug found by their AI tool

Intel to acquire Israeli quantum software company Classiq for $2.2 billion

It is the largest acquisition of a quantum computing company to date, and Intel's second-largest in Israel after Mobileye. Tel Aviv-based Classiq, which built a kind of operating system for quantum computers, will become Intel's global quantum development center.

Read the full story: Intel to acquire Israeli quantum software company Classiq for $2.2 billion

Naveen Rao's Unconventional AI acquires Israeli chip company NeuReality

US hardware company Unconventional AI, which is developing an energy-efficient analog AI chip, is acquiring Israel's NeuReality. The companies did not disclose terms; according to Globes, market estimates put the price at $150 million to $200 million in cash and shares.

Read the full story: Naveen Rao's Unconventional AI acquires Israeli chip company NeuReality