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ISRAEL AT WAR - DAY 497
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TECH ISRAEL
Updates from Silicon Wadi on
Friday, January 17, 2025
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Israel to bring forward procurement of AI chips ahead of Biden’s new export rules
By
Sharon Wrobel
Knesset subcommittee discusses new US restrictions on the export of advanced computer chips, calls on government to act on a national AI strategy to secure Israel’s global standing
Chip giant Nvidia to invest more than $500m in new Israeli AI research data lab
By
Sharon Wrobel
10,000-square-meter facility in the north to be used by Nvidia’s engineering teams to develop AI technologies
Israeli generative AI startup raises $16 million to automate architectural planning
By
Sharon Wrobel
Tel Aviv-based qbiq says its AI-based software platform can be used by non-architects and architects alike to plan, visualize, and optimize any interior space within a few clicks
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Gaza ceasefire should take pressure off Israel’s credit rating, Fitch agency says
By
Reuters
A ceasefire in the war in Gaza should be positive for Israel's under-pressure credit rating, Fitch's top sovereign rating analyst said on Thursday. Israel's "A" rating is currently on a downgrade warning or a "negative outlook" in rating agency-speak. "We've got Israel on negative, I guess that's something that's really related to public finances associated with the...
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Wizz Air resumes Tel Aviv-London flights, Lufthansa group to return Feb. 1
By
Sharon Wrobel
,
Agencies
and
ToI Staff
Lufthansa’s five airlines will fly routes to six European travel hubs; EasyJet says it will review its plans in the coming days; Turkish Airlines to return to Damascus after decade
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