The Israel Advanced Technology Industries Association (IATI) held a unique meeting connecting venture capital funds with the forum of foreign ambassadors and attachés in Israel.
Chevron Studio Israel will fund and mentor early-stage technologies from Israeli universities and research institutions, with a focus on AI, cybersecurity, hydrogen, and lower-carbon energy solutions.
Bank Leumi has been one of the pioneers of the AI revolution in Israel. I am proud that the significant efforts we are investing in AI are bearing fruit,” said Leumi’s CEO Hanan Friedman.
"The rise of OpenAI is attributable to a web of deceit and the exploitation of users, leveraging their data and safety to boost OpenAI’s market value at unacceptable costs,” said the complaint.
The trend is driven mainly by the sector's dominance of Software-as-a-Service (SaaS) projects, which export these services overseas and are highly dependent on foreign-currency income.
The MSCI All-World index was up 0.13% to trade around record highs, as markets from Tokyo to Seoul traded at or near all-time peaks, underpinned by avid demand for anything AI-related.
The opposition centers on a deal approved by ZIM shareholders at the end of April under which the company would be acquired for $4.2 billion, roughly $1 billion above its current market valuation.
Elon Musk praised Israel’s innovation, yet the Smart Mobility Summit’s focus kept returning to the hard problems of regulation, infrastructure, public trust, and moving on from the pilot stage.
High-tech 2026 looks completely different from what we knew just a few years ago. Fewer management layers, fewer large teams, and a great deal more automation.
A Blue Origin booster called "No, It's Necessary" - a nod to a line from the film Interstellar - was wrecked in the incident on Thursday, and the launch pad was "practically destroyed," experts said.
Shoval Engineering Group is expanding its execution arm through the acquisition of veteran builder Yitzhak Stern, strengthening its position in housing, urban renewal and logistics projects.