- Raised Seed round led by Mark Hager, Jul 2023
About
Act News is a groundbreaking Israeli startup headquartered in Tel Aviv, introducing an unprecedented approach to news production. Co-founded by Moshe Klughaft and Miri Michaeli, Act News specializes in producing AI video articles for news websites and television news channels, with fully automatic editing and strict journalistic standards. The platform boasts fully automatic editing capabilities and can transform text into personalized video news content in less than 5 minutes. This innovative solution aims to redefine the landscape of news production by offering efficiency and an 80% reduction in production costs through advanced video AI creation. Act News has collaborated with Ynet, resulting in a 64% increase in user engagement and a 76% increase in RPM. They also utilize AI-powered digital avatar clones of journalists for news presentation.
Funding history · 1 round · — total
Offices
Q&A
- Where is Act News headquartered?
- Act News is headquartered in Tel Aviv, Israel.
- What is Act News's primary sector?
- Act News's primary sector is Artificial Intelligence.
- Who are the co-founders of Act News?
- Act News was co-founded by Moshe Klughaft, who serves as President, and Miri Michaeli, who serves as CEO.
- What is Act News's core business?
- Act News specializes in producing AI video articles for news websites and television news channels, featuring fully automatic editing and adherence to journalistic standards.
- Has Act News raised any funding?
- Act News raised a Seed round in July 2023. Investors included Mark Hager and Ofer Yanay.
- What technology does Act News utilize?
- Act News utilizes AI-powered video generation, including advanced video AI creation and AI-powered digital avatar clones of journalists for news presentation.
- What are the benefits of Act News's solution for news production?
- Act News's solution aims to redefine news production by offering efficiency, transforming text into personalized video news content in under 5 minutes, and reducing production costs by 80%.
Team · 2
Sectors & technology
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | actnews.live |
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Identifiers & details
| Founded | 2023 |
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Radar intelligence
Web history (Wayback)
| Domain | actnews.live |
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