The Israeli start-up company Styletech, which produces and designs models and virtual models as well as clothing using artificial intelligence, recently raised NIS 10 million from private investors.
At the head of the investors in Styletech is the AI optimizer company (OpTeamizer), which plans to provide Styletech with personnel and computing resources in the hundreds of thousands of dollars in order to improve and strengthen its artificial intelligence technology in order to operate together in the global market.
Optimizer, a professional development services company and preferred partner of Nvidia
NVIDIA COR
+4.16%
closure:0
opening:144.89
High:150.1
low:140.34
cycle:—
Page Quote News Graphs Company Profile Recommendations
More articles on the subject:
announced today that it has made a strategic investment in Styletech, a fashion technology company. Optimizer focuses on making strategic investments in innovative companies that align with its mission and values. The investment will help Styletech accelerate its growth and bring its innovative products to market faster.
Tal Mellenboim, CEO of VFR, one of the founders of Styletech: “Optimizer’s investment in Styletech, as a company that moves forward and strives to continue its consistent growth in recent years, is a natural, necessary and important collaboration for both companies. I would like to thank all the investors as we see this joint venture as an opportunity to break boundaries, lead and become an increasingly significant player in the world Fashion, as someone who changes it all the time.”
Tomer Gal, founder and CEO Optimazk: “We are very excited about this investment in StyleTech, which is at the forefront of the fashion technology industry. We believe their cutting-edge technology has the potential to revolutionize the way people shop and dress. As experts in the field of artificial intelligence and GPU development, we are confident that our expertise will be a valuable asset to Styletech, which will continue to grow and innovate.”
Comments to the article(0):
Your response has been received and will be published subject to system policy.
Thanks.
for a new comment
Your response was not sent due to a communication problem, please try again.
Return to comment