Can artificial intelligence (AI) predict future events? Successful serial entrepreneur, award-winning inventor, scientist, and technology innovator Kira Radinsky, Ph.D., has an expert's point of view and first-hand experience to answer that question. She is a member of the United Nations Secretary-General's high-level panel on digital cooperation that is chaired by Melinda Gates, Co-Chair of The Bill and Melinda Gates Foundation, and Jack Ma, the Executive Chairman of Alibaba Group. Radinsky is the Co-Founder, Chairwoman, and Chief Technology Officer of Diagnostic Robotics, a health care artificial intelligence (AI) system with predictive analytics, with locations in Tel-Aviv and New York City. In early November 2019, she successfully raised $24 million in Series A venture capital financing led by Accelmed Ventures with other investors for the two-year-old technology startup.
As the number of people who've tested positive for coronavirus is mounting and could reach 2 million in the coming days, Israeli innovators are harnessing artificial intelligence technologies to curb the global pandemic, perhaps the most challenging public health crisis in modern history. What we know already is that scientists and researchers are working diligently to find treatments and to develop a vaccine for coronavirus. Meanwhile, artificial intelligence technologies are emerging as key solutions to combatting coronavirus, and Israel is well positioned in this field. Israel is well known for its strength in deep-tech, and is also home to a vibrant AI ecosystem that has been growing rapidly over the past few years. Israel's unique tech ecosystem includes companies and startups that utilize AI technologies in healthcare, cybersecurity, autonomous driving, and many other fields.
Developing a new drug can cost billions of dollars and take a dozen or more years to bring to market. Two Israeli researchers have applied artificial intelligence (AI) and deep learning to shave time and money off the drug-discovery process. Instead of searching for the appropriate molecules to use in a new medicine, as is done today, they enabled a computer to make smart predictions without human guidance. Shahar Harel and Kira Radinsky at the Technion-Israel Institute of Technology fed into their computer system hundreds of thousands of known molecules as well as the chemical composition of all FDA-approved drugs up until 1950. Aided by AI, the computer came up with new potential molecules by making sometimes unexpected correlations from within this massive sample.
There were no chest pains or palpitations, but bullpen coach Scott Radinsky knew something was wrong as he walked up the long flight of stairs from the Oakland Coliseum dugout to the Angels' clubhouse after a 5-1 win over the A's on April 13. "I just felt weird," Radinsky said Tuesday. "I sat down in my chair, and I didn't feel right." Radinsky notified the team's trainers, who summoned the A's team doctor. The Angels flew to Minnesota that evening to continue a 10-game, three-city trip.
Today eBay announced it will acquire SalesPredict, an Israel-based company that leverages advanced analytics to predict customer buying behavior and sales conversion. SalesPredict is eBay's latest acquisition that will support its artificial intelligence, machine learning and data science efforts. It follows eBay's recent acquisition of Expertmaker, in order to further bolster our structured data efforts. Financial terms of the deal were not disclosed. Upon the close of the transaction, a number of SalesPredict's employees will join eBay's structured data organization, working from eBay's Israeli Development Center in Netanya.