Artificial intelligence (AI), robotics and automation are possibly the most fascinating topics for those dealing with technology (and sourcing) matters. They raise a lot of interesting questions and scenarios. Even the few official legal documents about these subjects refer to Mary Shelley’s Frankenstein, Pygmalion, Prague’s Golem – and the more obvious Asimov’s Three Laws of Robotics (see the EU Parliament Draft Report with recommendations to the Commission on Civil Law Rules on Robotics).
Market News
Chinese investors lead surge as Kazakh FDI on course to hit $10bn for 2016
With some $24bn of Chinese project investment in the pipeline and due to materialise in the next few years , Kazakhstan is expecting its FDI total for 2016 to hit $10bn, almost double last year’s figure when investment inflows dropped back by 30%. “Kazakhstan has attracted $2.7 bn of foreign direct investment [in Q1],” Kaznex Invest Chairman Borisbiy Zhangurazov said this week. “This is much higher than in 2015 and is on par with 2014 and 2013.”
Israeli startups raised record $1.4b in Q2
The highest-ever amount raised by the country’s startups in a single quarter included $300 million raised by Gett from Volkswagen.
Israeli tech exits hit $3.3 billion in 1st half of 2016
Israeli high-tech firms recorded exits totaling $3.3 billion in the first half of 2016 and are on track to be close to the $7.4 billion from all of 2015, a survey showed on Tuesday. The average exit of the 45 deals was $74 million….
Joining hands to build a green future in the MidEast
Israel’s Arava Institute for Environmental Studies is celebrating its 20th year of bringing together diverse populations to plan a healthier tomorrow.
BioSight Completed a Financial Round of $13M to Finance Astarabine Phase 2b Leukemia Trial
Arkin Holdings and Primera Capital Lead an Investment of $13M in BioSight for an Innovative Treatment of Acute Leukemia
Winning the rush for data services in the Middle East and Africa
Demand for data is set to explode. The region’s telecom companies must position themselves now to take advantage. Most new industries reach the same crossroads after a period of rapid growth. On one side lie territories where revenues, customers, and even margins will probably continue their dizzy upward path; on the other, maturing markets where it’s starting to become clear that the old model has run its course.
FBI: Hacking Group Has Had Access to US Government Files for Years
“How many times can this keep happening before we finally realize we’re screwed?” said Michael Adams, an information security expert who served in the US Special Operations Command
Dancing as a medicine for Parkinson Patient , NGLi’s Chairman, Rafi Eldor @ TEDxIDC
What would you do if you are notified by your doctor that you have a chronic disease and you are left with 5 years of living without nursing? That is what Prof. Rafi (Rafael) Eldor was told 7 years ago and he used ballroom dancing as a medicine in order overcome his difficulties. Several hundred patients followed .
Israeli start-up takes on ‘grand challenge’ of beating Zika
Biofeed, which targets disease-spreading mosquitoes, is one of 10 Israeli start-ups recognized for revolutionary technologies