A year ago, Israel launched its National Artificial Intelligence Program, which seeks to fully develop the potential of AI in areas such as agriculture, employment, security and education.
Recently, the Israel Innovation Authority announced that it will allocate NIS 500 million, or about $133 million, to AI education and R&D infrastructure, with the intention of maintaining and strengthening Israel’s position as a global leader in the rapid development and adoption of advanced technological models.
The money will be used primarily to create a national AI research institute, but also to foster collaboration between Israeli and international experts in academia, industry and the military, and to expand the training of human capital specializing in AI. The program will be funded until 2027.
The president of the Innovation Authority, Alon Stoppel, said that “artificial intelligence is the kind of disruptive technology that emerges every few decades, and we are only just beginning to understand its impact.”
In addition, Stoppel noted that “Israel’s technological leadership will preserve and strengthen the country’s position in the technological market, its security capabilities and its national resilience.”