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Lutris Pharma Appoints Life Sciences and Pharmaceutical Entrepreneur Moshe "Mori" Arkin to Its Board of Directors

Retrieved on: 
Monday, April 1, 2024

TEL AVIV, Israel, April 1, 2024 /PRNewswire/ -- Lutris Pharma , a clinical stage biopharmaceutical company focused on improving anti-cancer therapies by reducing dose limiting side effects, today announced the appointment Moshe "Mori" Arkin, a life sciences and pharmaceutical entrepreneur, and Founder and Chairman of Arkin Holdings, to its Board of Directors.

Key Points: 
  • TEL AVIV, Israel, April 1, 2024 /PRNewswire/ -- Lutris Pharma , a clinical stage biopharmaceutical company focused on improving anti-cancer therapies by reducing dose limiting side effects, today announced the appointment Moshe "Mori" Arkin, a life sciences and pharmaceutical entrepreneur, and Founder and Chairman of Arkin Holdings, to its Board of Directors.
  • "Mori is one of Israel's most successful life sciences and pharmaceutical entrepreneurs with an extraordinary background spanning decades in the industry," stated Antoni Ribas, M.D., Ph.D., Chairman and Founder of Lutris Pharma.
  • "Arkin Bio Ventures has been an investor in Lutris Pharma since its inception and has been a steadfast supporter of the Company, ever since.
  • In 2011, they formed the Arkin Family Foundation, which supports organizations and projects in education, arts and culture, welfare, healthcare, civil rights, and Jewish-Arab coexistence.

Unveiling Jamba: AI21's Groundbreaking Hybrid SSM-Transformer Open-Source Model

Retrieved on: 
Thursday, March 28, 2024

TEL AVIV, Israel, March 28, 2024 /PRNewswire/ -- AI21, the leader in AI systems for the enterprise, today unveiled Jamba, the world's first production-grade Mamba-style model – integrating Mamba Structured State Space model (SSM) technology with elements of traditional Transformer architecture.

Key Points: 
  • Jamba marks a significant advancement in large language model (LLM) development, offering unparalleled efficiency, throughput, and performance.
  • Jamba revolutionizes the landscape of LLMs by addressing the limitations of pure SSM models and traditional Transformer architectures.
  • Jamba features a hybrid architecture that integrates Transformer, Mamba, and mixture-of-experts (MoE) layers, optimizing memory, throughput, and performance simultaneously.
  • "We are excited to introduce Jamba, a groundbreaking hybrid architecture that combines the best of Mamba and Transformer technologies," said Or Dagan, VP of Product, at AI21.

SolidRun Unveils Hailo-15H System-on-Module (SOM): A Breakthrough in Edge AI Processing

Retrieved on: 
Thursday, March 28, 2024

TEL AVIV, Israel, March 28, 2024 /PRNewswire/ -- SolidRun, a leading innovator in high-performance System on Module (SOM) solutions and developer of embedded systems, is proud to announce the release of its ultra-compact Hailo-15H SOM. Leveraging the cutting-edge Hailo-15H AI vision processor, this groundbreaking deployment-ready solution sets a new standard in AI vision applications, offering unparalleled performance, efficiency, and flexibility.

Key Points: 
  • Leveraging the cutting-edge Hailo-15H AI vision processor, this groundbreaking deployment-ready solution sets a new standard in AI vision applications, offering unparalleled performance, efficiency, and flexibility.
  • "SolidRun's SOM based on our Hailo-15H SOC represents a significant milestone for in-camera edge AI processing and provides engineers with a compact solution that delivers unparalleled performance and energy efficiency for a wide range of AI vision applications.
  • With its unique combination of AI inferencing capabilities and advanced computer vision engines, the Hailo-15H SOM empowers engineers to push the boundaries of what's possible in edge AI.
  • "Our vision at SolidRun has always been to simplify the complex world of embedded systems and empower engineers to innovate without constraints," said Dr. Atai Ziv, CEO at SolidRun.

Stream.Security Releases Suite of Next-Gen Features

Retrieved on: 
Thursday, March 28, 2024

TEL AVIV, Israel, March 28, 2024 /PRNewswire/ -- Stream.Security, a leading platform for cloud solutions specializing in real-time digital twin technology, announced today the release of new advanced threat investigation and AI-powered remediation capabilities. The new real-time attack path detection and generative artificial intelligence (AI)-powered remediation tools are part of the industry-shaping, real-time exposure management features that the cloud security company is rolling out. With these capabilities, customers can see all aspects of a potential cloud attack instantly and map ways to prevent it, resulting in faster time to response (reducing MTTR).

Key Points: 
  • The new real-time attack path detection and generative artificial intelligence (AI)-powered remediation tools are part of the industry-shaping, real-time exposure management features that the cloud security company is rolling out.
  • With these capabilities, customers can see all aspects of a potential cloud attack instantly and map ways to prevent it, resulting in faster time to response (reducing MTTR).
  • "We're excited to share these new features with our customers today," said Or Shoshani, CEO and co-founder of Stream.Security.
  • The solution's latest suite of capabilities include:
    Real-Time Attack Path Detection – This innovative feature provides immediate insights into potential attack scenarios upon any configuration change that exposes a vulnerable asset.

SuperCom Wins New Project in California Valued at Up to $2.0 million

Retrieved on: 
Wednesday, March 27, 2024

As part of this project, LCA will provide a comprehensive jail-based program focusing on re-entry services for adult inmates, designed to support individuals transitioning back into the community.

Key Points: 
  • As part of this project, LCA will provide a comprehensive jail-based program focusing on re-entry services for adult inmates, designed to support individuals transitioning back into the community.
  • The project embodies a comprehensive, evidence-based approach aimed at significantly reducing recidivism.
  • This intent to award will go through the customary county approval process and negotiations before contract execution and project launch.
  • "This award marks an exciting expansion to a new county for SuperCom and underscores our unwavering commitment to enhancing public safety in new territories.

AU10TIX Introduces One-Stop Identity Verification Hub to Enable the Transition to Digital Identity

Retrieved on: 
Wednesday, March 27, 2024

AU10TIX's fully automated Digital ID solution serves as a verification hub for business owners, enabling faster and more accurate identity verification.

Key Points: 
  • AU10TIX's fully automated Digital ID solution serves as a verification hub for business owners, enabling faster and more accurate identity verification.
  • "Our Digital ID solution empowers businesses to embrace the global shift to digital identity with confidence," said Dan Yerushalmi, CEO of AU10TIX.
  • Key features of AU10TIX's Digital ID suite include:
    Global Coverage: Ability to validate digital signatures, ensuring accessibility and reliability worldwide.
  • Digital ID Verification Hub: Enables the user to manage all verification processes in one platform, creating customizable workflows and rules for streamlined operations.

ADAMA Appoints Two New Management Members: Florian Wagner to EVP Portfolio and Innovation; Ruthie Zeltzer to EVP People

Retrieved on: 
Wednesday, March 27, 2024

Florian Wagner will lead the end-to-end management of ADAMA's portfolio lifecycle, accelerating and refining innovation processes.

Key Points: 
  • Florian Wagner will lead the end-to-end management of ADAMA's portfolio lifecycle, accelerating and refining innovation processes.
  • Ruthie Zeltzer takes on the responsibility of fortifying ADAMA's organizational culture, ensuring its resilience amidst the evolving crop protection industry.
  • Steve Hawkins, President and CEO of ADAMA: "I am happy to extend a warm welcome to Florian and Ruthie as they join the Global ADAMA Leadership Team.
  • "The creation of a new Portfolio and Innovation division, that will be led by Florian, encompasses the end-to-end management of ADAMA's portfolio lifecycle.

Shufersal Group reports results for Q4 and FY 2023: Revenues of ~15.2B NIS and net profit of ~323M NIS

Retrieved on: 
Wednesday, March 27, 2024

Group revenues in Q4 totaled ~3,906M NIS, reflecting an increase of ~7% compared to ~3,649M NIS in the respective quarter last year.

Key Points: 
  • Group revenues in Q4 totaled ~3,906M NIS, reflecting an increase of ~7% compared to ~3,649M NIS in the respective quarter last year.
  • Group revenues for 2023 totaled ~15.2B NIS compared to ~14.7B NIS in 2022, reflecting an increase of ~3.6%.
  • In Q4, operating profit before other revenues/expenses totaled ~164M NIS, comprising ~4.2% of Group revenues, as compared to ~70M NIS, comprising ~1.9% of Group revenues in the respective quarter last year.
  • Real estate revenues in Q4 totaled ~62M NIS compared to ~59M NIS in the respective quarter last year.

BioCatch Releases Comprehensive Analysis of Banking-Fraud and Financial-Crime Trends in Europe

Retrieved on: 
Wednesday, March 27, 2024

LONDON and TEL AVIV, Israel, March 27, 2024 /PRNewswire/ -- In a report released today, BioCatch – the global leader in digital-fraud detection and financial-crime prevention powered by behavioral biometric intelligence – published findings showing bad actors targeting the region continue to innovate, bombarding European financial institutions with a medley of bank-impersonation, purchase, romance, investment, and other scams. BioCatch also warns of more attacks employing artificial intelligence (AI) to target victims in their native languages.

Key Points: 
  • BioCatch also warns of more attacks employing artificial intelligence (AI) to target victims in their native languages.
  • "While we're at the dawn of the age of AI-powered fraud," BioCatch Director of Global Fraud Intelligence Tom Peacock said, "this is not a scourge of tomorrow or some distant future.
  • Account-takeover (ATO), meanwhile, started to rise in the UK again in 2023, with its slice of the total fraud pie increasing by 13%.
  • Click here to access BioCatch's full 2024 Digital Banking Fraud Trends in EMEA report and learn how to safeguard your financial institution against an ever-expanding array of fraud threats.

BioCatch Releases Comprehensive Analysis of Banking-Fraud and Financial-Crime Trends in Europe

Retrieved on: 
Wednesday, March 27, 2024

LONDON and TEL AVIV, Israel, March 27, 2024 /PRNewswire/ -- In a report released today, BioCatch – the global leader in digital-fraud detection and financial-crime prevention powered by behavioral biometric intelligence – published findings showing bad actors targeting the region continue to innovate, bombarding European financial institutions with a medley of bank-impersonation, purchase, romance, investment, and other scams. BioCatch also warns of more attacks employing artificial intelligence (AI) to target victims in their native languages.

Key Points: 
  • BioCatch also warns of more attacks employing artificial intelligence (AI) to target victims in their native languages.
  • "While we're at the dawn of the age of AI-powered fraud," BioCatch Director of Global Fraud Intelligence Tom Peacock said, "this is not a scourge of tomorrow or some distant future.
  • Account-takeover (ATO), meanwhile, started to rise in the UK again in 2023, with its slice of the total fraud pie increasing by 13%.
  • Click here to access BioCatch's full 2024 Digital Banking Fraud Trends in EMEA report and learn how to safeguard your financial institution against an ever-expanding array of fraud threats.