Sharon Wrobel

Sharon Wrobel is a tech reporter for The Times of Israel.

DGX Quantum, a system for quantum-classical computing developed by Nvidia and Israel's Quantum Machines. (Courtesy)

March 21, 2023, 7:08 pm

Nvidia builds quantum-classical computing system with Israel’s Quantum Machines

Israel’s quantum computing R&D center, headed by the startup, will be the first to deploy the new DGX Quantum to help researchers and developers write hybrid algorithms

By Sharon Wrobel

Shira Greenberg, chief economist of the Finance Ministry, attends a press conference at the ministry offices in Jerusalem, September 23, 2019 (Flash90)

March 21, 2023, 4:24 pm

Annual losses of NIS 50-100B: Treasury officials warn of overhaul’s ‘severe’ effects

Smotrich warned of consequences of potential credit rating downgrade, decline in growth, slashed tax revenues

By Sharon Wrobel

Finance Ministry accountant general Yali Rothenberg speaks to manufacturers and high tech firms in Tel Aviv, March 20, 2023. (Sivan Farig/Courtesy)

March 20, 2023, 8:14 pm

Accountant general calls for ‘sustainable’ consensus on judicial overhaul

Chief accountant emphasizes need to restore certainty for investors, rating agencies; manufacturers say Israeli entrepreneurs are looking to open factories abroad

By Sharon Wrobel

Israel's offshore Leviathan gas platform. (Albatross)

March 19, 2023, 4:38 pm

Leviathan group, in push to boost gas output, updates reservoir value to $12.5b

Sales from offshore gas reservoir in 2022 rise to $2.5 billion; partners have plans to increase annual gas supply by about 2 BCM with new subsea pipeline expected in 2025

By Sharon Wrobel

Police officers leave Silicon Valley Bank's headquarters in Santa Clara, California on March 10, 2023. (Noah Berger/AFP)

March 16, 2023, 6:50 pm

Trust broken, startup heads mull move to ‘stable’ banks in wake of SVB fall — survey

Poll of 110 startups, of which 66% are Israeli, shows most founders believe bankers in collapse US lender had known the risk they were facing

By Sharon Wrobel

Illustrative: People shop at the Jerusalem Mahane Yehuda market, during the Jewish holiday of Passover, April 19, 2022. (Yonatan Sindel/Flash90)

March 15, 2023, 9:58 pm

Israeli inflation higher than forecast in February, boosting odds of more rate hikes

Rise of consumer prices over past 12 months eased to 5.2% in February versus expectations of 5%; Bank of Israel governor signals interest rates will climb higher still

By Sharon Wrobel

Cyberint CEO (second from right) with Etisalat by e&’s SVP of cybersecurity Ayman A AlShehi (right) at the GISEC Global cybersecurity conference in Dubai, March 14, 2023. (GEC Media Group/Courtesy)

March 15, 2023, 3:48 pm

Israeli firm inks first UAE deal to help telecom giant crack down on cyberthreats

Cyberint’s intelligence platform provides real-time responses to cyberattack attempts coming from beyond the traditional security perimeters to fix them before they become an issue

By Sharon Wrobel

Illustrative image: Israelis walk next to Bank Leumi in Jerusalem on November 16, 2014. (Yonatan Sindel/Flash90)

March 14, 2023, 5:52 pm

Leumi posts biggest profit among Israel’s banks, fueled by steady rate hike

Net profit in 2022 rose 27% to a record NIS 7.7 billion; net interest income jumped 28% to NIS 13.2 billion versus the previous year

By Sharon Wrobel

Israeli manufacturers, industrialists, and tech firms urge government and opposition to start dialogue for compromise deal on proposed judicial changes. (Courtesy)

March 14, 2023, 3:53 pm

‘Stop this madness’: Tech, manufacturing groups back Herzog in judicial deal push

Four major organizations urge government to halt legislative proceedings and start dialogue, warning of damage to economy, housing market; president meets with 30 executives

By Sharon Wrobel

The Tel Aviv Stock Exchange, December 25, 2018. (Adam Shuldman/Flash90)

March 13, 2023, 6:05 pm

Israel shares drop, led by SVB fallout fears; analysts see less risk to local banks

Psagot Investment House and IBI Investment House see no fear of contagion to financial stability of Israeli banks; lenders have capital buffers to withstand times of turmoil

By Sharon Wrobel

A stock market ticker screen in the empty lobby of the Tel Aviv Stock Exchange, on March 15, 2020. (Flash90/File)

March 12, 2023, 9:38 pm

Israel mutual fund withdrawals moderate, after public pulls NIS 8.5b in February

Tel Aviv Stock Exchange’s head of trading says market is pricing in 20-30% chance for a compromise deal on the government’s controversial judicial revamp

By Sharon Wrobel

The Tel Aviv Stock Exchange, in the center of Tel Aviv, December 25, 2018. (Adam Shuldman/Flash90)

March 12, 2023, 4:07 pm

Tel Aviv shares drop as SVB failure triggers cash-flow concern for Israeli startups

LeumiTech says it helped Israeli startups transfer $1 billion out of SVB accounts; government pledges to help tech firms

By Sharon Wrobel

View of the Bank Hapoalim offices in the center of Tel Aviv. August 4, 2015. (Miriam Alster/Flash90)

March 9, 2023, 7:55 pm

Bank Hapoalim posts record NIS 6.5b profit in 2022 amid steady rate hikes

Net interest income increased 38% to NIS 13.5 billion as the Bank of Israel hiked borrowing costs from a low of 0.4% in April to 3.25% in November 2022

By Sharon Wrobel

AI21 Labs introduces Jurassic-2, an advanced AI language model for automating text. (Courtesy)

March 9, 2023, 7:15 pm

Tel Aviv startup rolls out new advanced AI language model to rival OpenAI

AI21 Labs, co-founded by Amnon Shashua, launches Jurassic-2 and five new AI generative tools to paraphrase, summarize, check for grammar mistakes, and improve text

By Sharon Wrobel

She codes holds female community events for aspiring software developers. (Inbal Marmeri/Courtesy)

March 8, 2023, 1:23 pm

From seamstress to software developer: A female community helps women take the leap

Ruth Polachek, founder of she codes, says if women focus and persevere they can make up 50% of software developers and triple their salary

By Sharon Wrobel