Future Forward: Israel's AI Expansion Blueprint

Future Forward: Israel's AI Expansion Blueprint

November 2024 — Base AI is featured in the "Future Forward" report, a comprehensive analysis of Israel's AI ecosystem published by Deloitte Catalyst, F2 Venture Capital, and Google Cloud Israel.

Key Findings from the Report

The report provides a detailed overview of Israel's position as a global AI leader:

• Israel's AI ecosystem includes over 2,150 active companies, representing approximately 30% of the local tech industry.
• Startups leveraging AI attracted over 60% of all capital raised by Israeli startups in 2023.
• Israel is ranked as the 3rd-4th largest AI VC ecosystem globally over the past decade.
• Nearly half (49%) of all new Israeli startups in 2023 are AI companies, up from 27% in 2017.
• Over $13.5 billion in private funding has been invested in Israeli AI startups since 2022.

About the Report

The report maps out segments within the AI market landscape according to their potential for Israel to establish itself as a leading global AI hub. It identifies key opportunities across vertical applications, horizontal AI (including cybersecurity), and foundation layer technologies.

Base AI's inclusion in this report reflects its position as part of Israel's thriving AI ecosystem, contributing to the customer-led growth and lifecycle engagement space with AI-powered solutions.

Source: Read the full report