Former Israel Defense Forces chief of staff Lt. Gen. (res.) Benny Gantz has been appointed chairman of a secretive Israeli startup specializing in mining "big data" and artificial intelligence, Globes website reported.
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The company, Fifth Dimension, was founded last year by CEO Guy Caspi, a former senior executive at Comverse, and deputy chairman of the board Doron Cohen. Though still operating in stealth mode, the company has raised significant capital over three rounds of funding by private investors, including American investment giant Columbus Nova. It is said to employ dozens of mathematicians and big data experts.
"The Fifth Dimension has developed extremely specialized systems to analyze immense amounts of data in real time, using advanced artificial intelligence technology," Gantz said in a statement.
"As someone who stood at the head of an organization which manages incredible amounts of data of different types, I know that the intelligence challenges have changed in the cyber arena. We have passed from an age of collection to an era of fusing and processing information. It is an exciting field, and that is why I chose to join the group and lead the Fifth Dimension together with the board to technological and financial success across the world."
Gantz, retired from the IDF in February this year after 38 years' service.