- According to 2018 Global Startup Ecosystem Report, which analysed the startup ecosystems across the world, Tel Aviv emerged has the top best city for startups to grow and thrive.
- Amidst the development in the overall startup ecosystem, AI startups have garnered considerable impetus, with the country estimated to be one among the top AI superpower in the world in coming years.
- Towards the end of 2018, an estimated 1150 startups AI startups were believed to be operational in the country, catering to various segments in the country.
- Its acquisition of Upstream Commerce comes at a time when the AI and analytics market in the country is estimated to take upward mobility.
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