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Message from the Group Chairman

As we continue to drive our holdings company towards greater success and innovation, I would like to take a moment to share our strategic focus on locating and integrating technology companies, with a particular emphasis on developing applications based on artificial intelligence.
The world of technology is evolving at an unprecedented pace, and AI is at the forefront of this transformative wave. The recent developments in generative AI have captured the attention of Wall Street, the tech community, and the broader business landscape. At our company, we are keenly aware of the potential and the impact that AI can have on our operations and the industries we serve.
In our pursuit of growth and staying ahead of the curve, we recognize that it's not just about adopting the latest trends but identifying the practical applications of AI that will create meaningful value for our customers. We have seen how some of the most successful products in the market were not necessarily the first to arrive, but rather those that addressed crucial user needs and were built on deep technical insights. This philosophy is what guides us as we explore potential technology partnerships.
Our commitment to AI goes beyond just adopting the latest tools. We aim to leverage the power of generative AI to unlock novel use cases and improve existing processes. The public-facing version of ChatGPT, for instance, reached 100 million users in just two months, demonstrating the widespread appeal and accessibility of this technology. We believe that such innovations can redefine how we operate, collaborate, and engage with our customers.
As we navigate this rapidly evolving landscape, we understand the importance of responsible development and risk management in the AI space. With the potential for far-reaching implications, we must proceed thoughtfully and with a clear focus on finding companies that align with our company's values and mission.
I encourage all of you to embrace this challenge and seize the opportunities that generative AI presents to shape the future of TLV Capital in this AI-driven era.
Thank you for your unwavering dedication and hard work. Together, we will continue to lead in the business landscape and create a brighter future for our group and the sectors we serve.
Jul, 2023
Uri Shmueli
Chairman of the Board of Directors
Tel Aviv Capital Holdings Corp. Group
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