Samsung Eyes Engineering Hotspot Of Israel

Not to be outdone by Apple, which recently acquired Tuplejump to advance its artificial intelligence work, Samsung Electronics has subsumed some of the engineering activity in Israel. The company has opened an arm of its early-stage technology investment program in Tel Aviv and plans to pursue R&D in artificial intelligence, augmented and virtual reality and cybersecurity. Israel is a Silicon Valley of innovative engineering, and according to Kai Bond, general manager and CEO of the New York Samsung Global Innovation Center, “Tel Aviv has more talented engineers per square foot than anywhere in the world.” This latest move by Samsung shows the race for innovation between the two rivals. Apple’s purchase of India’s Tuplejump earlier this year was Apple’s third acquisition in the technology space of artificial intelligence and augmented…

Link to Full Article: Samsung Eyes Engineering Hotspot Of Israel

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