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"It will focus on building a small highly trusted team of researchers and engineers split between Palo Alto, California and Tel Aviv, Israel." Why Tel Aviv in
by danielovichdk 2y ago
"It will focus on building a small highly trusted team of researchers and engineers split between Palo Alto, California and Tel Aviv, Israel."
Why Tel Aviv in Israel ?
- nlh 2y agoBecause it's a startup hub, there is great engineering talent there, and the cost of living is lower than the US.
- amscanne 2y agoCost of living is extremely high in Tel Aviv, but the rest is true.
- deleted 2y ago[deleted]
- petesergeant 2y agoIsrael is geographically pretty small though -- I'm guessing you could live an hour up or down the coast and have it be an outrageous commute for people accustomed to the Bay Area?
- bdcravens 2y agoFor the region, yes. Compared to the US, it's closer to Houston and Chicago, and way less that the typical tech hubs like the Bay or NYC.
- DalasNoin 2y agoIlya went to university in israel and all founders are jewish. Many labs have offices outside of the US, like london, due to crazy immigration law in the us.
- danielovichdk 2y agoI wasn't aware of his or any of the other founders background. Simply thought it was political somehow. Thanks.
- infecto 2y agoMany companies have offices outside because of talent pools, costs, and other regional advantages. Though I am sure some of it is due to immigration law, I don't believe that is generally the main factor. Plus the same could be said for most other countries.
- AlanYx 2y agoPart of it may also be a way to mitigate potential regulatory risk. Israel thus far does not have an equivalent to something like SB1047 (the closest they've come is participation in the Council of Europe AI treaty negotiations), and SSI will be well-positioned to lobby against intrusive regulation domestically in Israel.
- CuriouslyC 2y agoThere are actually a ton of reasons to like London. The engineering talent is close to bay level for fintech/security systems engineers while being 60% of the price, it has 186% deductions with cash back instead of carry forward for R&D spending, it has the best AI researchers in the world and profit from patents is only taxed at 10% in the UK.
- christianqchung 2y agoIf London has the best AI researchers in the world, why are all the top companies (minus Mistral) American?
- seanf 2y agoGoogle Deepmind is based in London.
- 2y ago
- bdcravens 2y agoWhy not? The Bay isn't the only place with talent. Many of the big tech powerhouse companies already have offices there. There's also many Israeli nationals working the US that may find moving back closer to family a massive advantage.
- damanoman 2y agoIs it as open to outsiders as the Bay is? I’m Asian for example and it seems the society there is far more homogenous than in the Bay. I have no idea so I’m curious.
- myth_drannon 2y agoIsrael is the largest AI startup hub.
- nunez 2y agoIsrael has insane engineering and science talent.
- bbqfog 2y agoAbsolute deal breaker for me, and many others. I hope they fail.
- az226 2y agoDaniel is Israeli.
- verybright 2y agoIt's the biggest concentration of Ashkenazi Jews outside of the US.