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42AI Emerges From Stealth With $62.5 Million in Seed Funding

1 reports 1 reporting sources Updated 11 hours ago

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Israeli startup 42AI has emerged from stealth with $62.5 million in seed funding for a system it calls a “behavioral world model,” designed to predict how people make decisions in new situations. The company is running it at a handful of financial brokerages to help predict how individual traders respond to volatile markets. 42AI says it is working with 10 large brokerages that use the system to manage liquidity, margin requirements, and hedging exposure. CEO Gal-Or said the funding came from the founders and Infinity Group over three years and was not entirely raised from external investors.

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42AI Emerges From Stealth With $62.5M for Behavioral World ModelTechCrunch · AI

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11/3
  1. TechCrunch · AI
    42AI Emerges From Stealth With $62.5M for Behavioral World Model

    Israeli startup 42AI has come out of stealth with $62.5 million in seed funding for a "behavioral world model" it says can predict how people will decide in new situations. The company is initially running the system at a handful of financial brokerages to help predict how individual traders respond to volatile conditions. 42AI says it is working with 10 large brokerages and generating more than "seven figures" in revenue.

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