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Tech
Israel
Startups • Innovation • Business
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Nvidia taps into Israeli innovation to build generative AI cloud supercomputer
By
Sharon Wrobel
Chip giant says Israel-1 supercomputer valued at several hundred million dollars is a ‘major investment’ that will boost next-generation AI workloads
OpenAI’s Sam Altman to visit Tel Aviv next week as part of worldwide AI tour
By
Sharon Wrobel
Co-founder and CEO of artificial intelligence lab is expected to visit a Microsoft Israel R&D center and take part in Tel Aviv University event
Promoted Content
Volvo makes strategic investment in Israeli driver safety startup
European car giant bets big on Jerusalem-based CorrActions to boost driver monitoring
Israel’s 3D printing firm XJet seeks to raise $10m from Nasdaq IPO
By
Sharon Wrobel
Developer of inkjet technology for 3D printing of small metal and ceramic parts plans to offer 2 million shares as part of the initial public offering
Israeli 3D printing firm Stratasys announces $1.8 billion merger deal
By
ToI Staff
Analysis
Sharon Wrobel
Netanyahu’s fat man, thin man and the burden of the new state budget
As Israel was suffering from its worst economic recession two decades ago, then-finance minister Benjamin Netanyahu blamed the crisis on the fat man — the public sector — riding on the shoulders of a thin man — the private sector. In an interview last December, just before forming a government with ultra-Orthodox and nationalist parties...
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Israeli social booking startup inks deal with Spanish hotel chain
By
Sharon Wrobel
Joyned’s booking software lets travel website users invite friends & family to a live chat, in which all of them see the site’s content to organize and book their vacation
Jaguar Land Rover launches Israeli hub to scout for local startups, mobility tech
By
Sharon Wrobel
Owned by Indian conglomerate Tata, the luxury automaker seeks joint projects and is looking to invest in local tech including cybersecurity and electrification
Bank Hapoalim posts NIS 2.01b quarterly profit fueled by 49% jump in interest income
By
Sharon Wrobel
Bank Hapoalim, one of Israel’s two largest lenders, saw its net profit jump to NIS 2.01 billion ($551 million) in the first quarter of the year as net interest income surged 49 percent from a year ago on higher borrowing costs and rising inflation. Hapoalim's net profit in the first three months rose...
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Israeli startup to give fans a referee’s-eye view at the EuroLeague final games
By
Sharon Wrobel
In first, referees will wear MindFly’s bodycam to capture a first-person view of games for fans to watch, hear and experience everything basketball players do on court
From Fruit Roll-Ups to a fish filet, Israeli startup ready to feed its printer
By
Sharon Wrobel
Steakholder Foods says it produced world’s first ready-to-cook filet that can go from printer to plate within minutes
IBM buys Israeli cybertech startup to automate cloud data protection management
By
Sharon Wrobel
Polar Security is IBM’s fifth acquisition in 2023; Israeli startup’s technology automates the detection, classification, and flow of sensitive data across cloud environments
25% of tech firms plan layoffs after demand for workers halved in 2022 — report
By
Sharon Wrobel
New survey shows 17,000 open positions in high-tech industry at end of last year, down from 32,900; warns global recovery could bypass Israel if political uncertainty continues
Israel high-tech and Korea industry groups sign accord on cybersecurity cooperation
By
Sharon Wrobel
Agreement looks to facilitate entry of Israeli cyber firms to Asian markets and help Korean firms with US market exposure
French retail chain Carrefour opens 50 stores across Israel, vowing to disrupt prices
By
Sharon Wrobel
Basket of goods of Carrefour-branded goods is 60% cheaper versus basket of comparable goods by local competitors, according to retailer; analyst sees prices continuing to rise
Israeli vehicle scanner startup raises $100 million backed by General Motors, Hanaco
By
Sharon Wrobel
UVeye, developer of an AI-powered scanner that can run full inspections of vehicles, seeks to boost sales and manufacturing in the US
US chip giant Qualcomm to buy Israeli road safety tech startup Autotalks
By
Sharon Wrobel
US chipmaker Qualcomm announced on Monday that it is buying Israeli startup Autotalks, a developer of smart vehicle communication systems designed to improve road safety and help prevent car collisions. The chip designer said it entered into a definitive agreement through its subsidiary Qualcomm Technologies to acquire Autotalks for an undisclosed sum. Estimates...
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Israel’s NewMed Energy and partners begin drilling at Aphrodite gas field off Cyprus
By
Sharon Wrobel
Energy companies with stake in field, including Chevron and Shell, look to appraise well to confirm estimates on size and scope of the gas deposit
Microsoft partners with Start-Up Nation Central to tap Israeli agrifood tech
By
Sharon Wrobel
US tech giant to help bring local agritech to the next level; Israeli startups work with Microsoft teams and showcase their technologies to the global marketplace
Turkey conglomerate sees opportunities for collaboration with Israeli startups
By
Sharon Wrobel
Turkish conglomerate Sabanci Group, which last year bought a majority stake in an Israeli cybersecurity company, sees more opportunities for tech investments and collaborations between the two countries which recently saw a renewal in diplomatic ties. “I was in Israel last year and my first thought was that I am late coming to...
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Government agency warns judicial uncertainty will damage tech ecosystem
By
Sharon Wrobel
The debate over the government’s controversial plans to shake up the judicial system is fueling uncertainty among investors, prompting Israeli high-tech entrepreneurs and firms to relocate abroad, a government agency responsible for the local tech ecosystem warned on Monday. In a report presented to the Innovation, Science and...
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Interview
Tech investors are waiting for ‘sanity’ to return to Israel, says JVP founder
By
Sharon Wrobel
Israel’s Imagindairy nabs Danone as strategic investor for cow-free dairy products
By
Sharon Wrobel
Israeli foodtech startup uses precision fermentation tech to make versions of whey and casein proteins that can be used to produce dairy duplicates
Remilk gets first regulatory permit in Israel to sell cow-free milk
By
Sharon Wrobel
Israeli-founded EV sharing startup Envoy bought by Blink Charging in $34m deal
By
Sharon Wrobel
Startup’s electric car sharing platform is used at apartment buildings, hotels and workplaces; deal comes as tech startups struggle to raise funds
Renewable energy firm opens trade on Tel Aviv Stock Exchange after IPO
By
Sharon Wrobel
All
(11,899)
Israeli startups
(2,400)
cybersecurity
(588)
business in Israel
(495)
medical technology
(372)
May 30, 2023, 4:49 pm
Return of judicial overhaul could hurt Israel’s credit rating, Fitch warns
Bank of Israel head says economy has suffered significant shock in recent months due to proposed sweeping changes to judicial system
By
Sharon Wrobel
May 29, 2023, 10:16 pm
Renewed market concern over judicial overhaul weakens shekel, keeps rates high
Continued shekel weakness is expected to make imported goods, including food and travel abroad, more expensive; economists see borrowing costs rising to 5% in coming months
By
Sharon Wrobel
May 29, 2023, 1:52 pm
OpenAI’s Sam Altman to visit Tel Aviv next week as part of worldwide AI tour
Co-founder and CEO of artificial intelligence lab is expected to visit a Microsoft Israel R&D center and take part in Tel Aviv University event
By
Sharon Wrobel
May 29, 2023, 8:34 am
Nvidia taps into Israeli innovation to build generative AI cloud supercomputer
Chip giant says Israel-1 supercomputer valued at several hundred million dollars is a ‘major investment’ that will boost next-generation AI workloads
By
Sharon Wrobel
May 28, 2023, 6:58 pm
Israel’s 3D printing firm XJet seeks to raise $10m from Nasdaq IPO
Developer of inkjet technology for 3D printing of small metal and ceramic parts plans to offer 2 million shares as part of the initial public offering
By
Sharon Wrobel
May 26, 2023, 5:31 pm
Israeli 3D printing firm Stratasys announces $1.8 billion merger deal
Agreement with US company Desktop Metal expected to generate $1.1 billion in revenue in 2025, aims to create leading operation in fragmented industry
By
ToI Staff
May 26, 2023, 6:40 am
1,200 miles: Israeli startup Electreon sets record for longest drive by electric car
Vehicle travels for over 100 hours nonstop using wireless charging technology, company says
By
ToI Staff
May 25, 2023, 1:17 pm
Israeli social booking startup inks deal with Spanish hotel chain
Joyned’s booking software lets travel website users invite friends & family to a live chat, in which all of them see the site’s content to organize and book their vacation
By
Sharon Wrobel
May 24, 2023, 1:15 pm
Three clean water startups win contest to pilot their technology in Africa
EZMEMS, NanoClear Water Solutions, and SoLED will work with Innovation Africa, whose solar panels pump water from underground aquifers and clean it for villagers
By
Sue Surkes
May 23, 2023, 7:46 pm
Jaguar Land Rover launches Israeli hub to scout for local startups, mobility tech
Owned by Indian conglomerate Tata, the luxury automaker seeks joint projects and is looking to invest in local tech including cybersecurity and electrification
By
Sharon Wrobel
May 23, 2023, 3:14 pm
Bank Leumi earns NIS 981m in 1st quarter, down 39%, after US bank value writedown
Net interest income jumps 36% to NIS 3.9 billion in the first quarter of 2023 from last year’s Q1; bank announces dividend, share buyback
By
Sharon Wrobel
May 22, 2023, 2:06 pm
Bank Hapoalim posts NIS 2.01b quarterly profit fueled by 49% jump in interest income
Net profit surges 21.3%, prompting bank to raise dividend payout 10 percentage points to 40% of quarterly profit as it benefits from steady interest rate hikes over past year
By
Sharon Wrobel
May 20, 2023, 10:15 am
Facing multiple crises, Israel’s high-tech looking to emerge stronger
A key driver of Israel’s economy, the sector has been buffeted by a global economic slowdown and uncertainty over internal political turmoil, but analysts remain bullish
By
Jonah Mandel
May 18, 2023, 7:07 pm
From Fruit Roll-Ups to a fish filet, Israeli startup ready to feed its printer
Steakholder Foods says it produced world’s first ready-to-cook filet that can go from printer to plate within minutes
By
Sharon Wrobel
May 17, 2023, 10:47 pm
At Biomed Israel conference, medical start-ups discuss challenges in reaching success
Companies dealing in life sciences and technology face tougher times ahead due to global economic uncertainty and political crisis at home
By
Renee Ghert-Zand
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