Israel joins US-led multilateral AI supply chain initiative

Israel joins the US Pax Silica Initiative at an international conference in Washington, alongside the United States, Japan, South Korea, Singapore, the Netherlands, the United Kingdom, the United Arab Emirates and Australia.

The summit, held on Friday, is “the beginning of a new golden era of cooperation on AI and supply chain security,” says the White House, bringing together the countries with the “most cutting-edge AI supply chain ecosystems.”

Israel was represented by Prime Minister Benjamin Netanyahu’s economic adviser Avi Simhon, Finance Ministry chief economist Shmuel Abramzon and National AI Directorate head Erez Askal, says the Prime Minister’s Office.

“The initiative aims to build a secure, resilient, and innovative technological ecosystem across the entire value chain — from the extraction of critical minerals and energy, through advanced manufacturing and semiconductors, to AI infrastructure, data centers, and logistics,” says the PMO. “Its goal is to shape a new, sustainable economic order for the age of artificial intelligence and to ensure shared prosperity for the participating countries.”

“Israel’s accession to the US-led Pax Silica Initiative is a mark of distinction for Israel and for Israel’s high-tech industry,” says Simhon in a statement, “which is regarded as a global leader in innovation and artificial intelligence.”