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HomeStartup NewsIsrael-Based Argmax Acquired Ginzi

Israel-Based Argmax Acquired Ginzi

An innovative business based in, Israel called Ginzi, specialized in AI solutions for customer care teams, was bought by Argmax, a leading provider of AI services situated in Ramat Gan, Israel. The deal's total value was not made public.

An innovative business based in, Israel called Ginzi, specialized in AI solutions for customer care teams, was bought by Argmax, a leading provider of AI services situated in Ramat Gan, Israel. The deal’s total value was not made public.

By acquiring Ginzi, Argmax is extending its product line strategically in the AI sector. Ginzi’s artificial intelligence solution for customer service personnel strengthens and supplements it’s current offerings. Through this integration, it is able to provide its clients with AI-driven solutions. The development team of Ginzi is planning to switch to Argmax.

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Ben Jacobs and Kobi Agi founded Ginzi, a company that creates technology that lets customer service representatives communicate with AI and respond to inquiries in a personalized and effective manner. Notable backers of the business included Atooro Fund, Fresh.Fund, and Jumpspeed Ventures. Ginzi has raised $1.5 million so far.

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Argmax, a leader in AI services under the direction of CEO Uri Goren, uses AI to match opportunities with customer demands, especially in the financial, marketing, and advertising industries. Their cutting-edge AI algorithms are designed to maximize business productivity and improve client engagement.

About Argmax

Argmax core areas of study for the Machine Learning Research Lab are efficient exploration, control, time series modeling, and probabilistic inference. Their study begins with probability theory and progresses to applications both within and outside of their lab via neural networks.

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