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Enter Street Street with StreetInsider Premium . JERUSALEM (Reuters) – Israeli intelligence service Shin Bet announced on Wednesday that it had teamed up with seven private Israeli start-ups to find unconventional approaches to technological challenges.
Start-ups, selected from the top 100 Shin Bet accelerator contenders, focus on areas such as artificial intelligence, data-driven prediction, automatic document scanning, and misinformation. The movement reflects our understanding that there are brains on the outside, people who do not have the personality or skills for a government job but who have a new approach and technologies that we could want, "said the spokesperson.
Each start-up received a $ 50,000 grant to develop a response to a Shin Bet task, whose roles include counterintelligence, counter-intelligence Terrorism and security for Israeli officials and diplomatic missions abroad.The venture capital fund of Tel Aviv University TAU Ventures is also involved in the accelerator.
The Shin Bet joins the private sector in the same direction as its counterpart in Mossad, which last year created a fund offering up to 2 grants. Million shekels ($ 548,000) per project to acquire new ideas of espionage.
written by Dan Williams, edited by Tova Cohen)
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