Israeli company AutonomyAI seeks to create AI code developers
A recently-announced Israeli startup has plans to create AI code developers.
The startup, named AutonomyAI, has said that their goal is to create AIs that will enable companies to drastically improve their productivity by automating a significant amount of code development.
“AutonomyAI offers a platform that learns and understands the full organizational context and generates code that can be deployed directly to the production environment,” Globes reported.
“The solution transforms days of development work into minutes, improves team productivity by over 44%, and achieves a code acceptance rate of 95% while maintaining organizational standards.”
AutonomyAI has publicly stated that it has raised $4 million for its project so far.
The startup was founded by Arik Faingold, an Israeli who previously founded Pentera, a cybersecurity company which was valued at over $1 billion as of last month.
“We're bringing a technological solution born in Israel that will allow companies to accelerate their development tenfold,” Faingold said of the new startup, arguing it will enable companies to “focus on what truly matters - innovation and business value, not writing code.”
Investor Gilad Shany predicted that the startup will bring about a “new standard” in the use of AI in organizations.
“The vision of the team leading AutonomyAI represents a fundamental change in how organizations use artificial intelligence, which will soon become the new standard,” Shany said according to The Jerusalem Post.
The All Israel News Staff is a team of journalists in Israel.
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