Summary:
Red Hat acquires Israeli AI startup Jounce for $20 million to bolster its AI cloud stack
Jounce's platform offers 10,000+ deployment options for flexible, secure, and cost-efficient AI systems
Founded by Unit 8200 alumni, Jounce's team brings deep expertise in AI and cloud infrastructure
The acquisition will integrate Jounce's tech into Red Hat's open-source ecosystem, expanding its global reach
This move highlights the growing importance of scalable AI infrastructure in industries like defense, finance, and healthcare
Red Hat, IBM's open-source software subsidiary, has acquired Israeli AI startup Jounce in a deal valued at approximately $20 million. This strategic move aims to integrate Jounce's innovative modular AI deployment platform into Red Hat's ecosystem, enhancing its cloud and AI offerings.
About Jounce
Founded in 2024 by alumni of Israel's elite Unit 8200, Jounce specializes in a platform designed for deploying, running, and monitoring complex AI systems. Its technology stands out for its flexibility, security, and cost-efficiency, offering over 10,000 deployment options to adapt dynamically to various workloads.
Photo: Jounce founders
The Founders
The brains behind Jounce include:
- Dr. Roy Nissim (CEO): A Talpiot and Unit 8200 graduate with a PhD in computer science and an MBA.
- Jonathan Zarecki (CPO): Also from Unit 8200, with a master’s in computer science.
- Aviran Badli (CTO): An Atuda and Unit 8200 alumnus with extensive experience in engineering and MLOps.
Why This Acquisition Matters
Jounce's platform addresses the growing need for scalable, secure, and efficient AI infrastructure. By joining forces with Red Hat, Jounce's technology is set to reach a global audience, spanning industries like defense, finance, and healthcare.
Dr. Nissim shared, "Artificial intelligence is developing at an unprecedented pace—but without the right infrastructure, it becomes cumbersome, expensive, and insecure. Jounce solves this from the ground up."
Red Hat's Vision
Known for its enterprise Linux and hybrid cloud solutions, Red Hat's acquisition of Jounce underscores its commitment to advancing AI capabilities within its open-source ecosystem. This follows IBM's $34 billion purchase of Red Hat in 2018, marking another significant step in cloud and AI innovation.
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