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Bizportal
Bizportal is a markets outlet. We translate its reports into English and compare them with 43 other newsrooms.
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Language and baseHebrew · Tel Aviv
The last 30 days
994reports translated
78%first to report
162 mintypical time behind the first report
100%carry a named author
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Bizportal's tone this month is neutral. On the United States, Netanyahu, the Bank of Israel, the Supreme Court and the police its wording is in step with the other newsrooms.
From 1,009 reports this month, judged without the newsroom's name. How this is measuredOnly Bizportal had it
Egypt Grants Tax Breaks for Aphrodite Gas Field DevelopmentEconomy · 14h agoIsraeli Tech Firm Razor Labs Partners With Wabtec on Truck Monitoring SystemTech · 14h agoMeitav Warns of Real Estate Bonds, Advises Reduced ExposureEconomy · 14h agoBig stories Bizportal skipped
Gun Theft at Givat Shmuel School Sparks Parental PanicCovered by 23 newsroomsIsrael Switches to Winter Time, Gaining an Hour of SleepCovered by 21 newsroomsIDF and Shin Bet Launch Major Counter-Terror Operation in HebronCovered by 18 newsroomsLatest from Bizportal
Tech · 4h ago · also in 10 newsroomsIntel Acquires Israeli Quantum Software Firm Classiq for $2.2 BillionIntel is acquiring Israeli quantum software company Classiq for approximately $2.2 billion, marking the largest quantum company acquisition to date. The deal, expected to close in 2027, will integrate Classiq's platform, which simplifies quantum software development, into Intel's quantum computing ecosystem. This strategic move aims to provide a full-stack quantum solution and positions Israel as a key player in the burgeoning quantum technology field, potentially attracting more investment.Tech · 14h agoIsraeli Tech Firm Razor Labs Partners With Wabtec on Truck Monitoring SystemIsraeli tech firm Razor Labs has signed an MOU with US company Wabtec to integrate Razor's AI truck monitoring system into Wabtec's solutions. The companies will conduct joint trials, potentially leading to a commercial agreement for Wabtec to distribute the product. This collaboration aims to enhance predictive maintenance for heavy-duty trucks, especially in the mining sector, and could significantly boost Razor's sales.Tech · 21h agoAI Race Shifts Focus to Power Efficiency and Infrastructure Beyond ChipsThe AI race is increasingly focused on power efficiency and data center infrastructure beyond just faster chips. Companies are developing software, advanced cooling, and new power conversion technologies to maximize computing output per megawatt. NVIDIA is introducing platforms to reduce electricity consumption and accelerate data center deployment. In Israel, data center power demand far exceeds supply, leading to new regulations and challenges for developers. Investors are advised to scrutinize projects for approved capacity, financing, and customer contracts, as infrastructure efficiency is becoming as critical as chip performance.Tech · 1d agoBezeq Reports Tripled AI Activity on Network, Revenue Impact UnclearBezeq reported a threefold increase in AI-related activity on its network among private customers in the last three months. The company provides the communication infrastructure for AI services, not the AI itself. While this surge highlights AI adoption, its direct impact on Bezeq's revenue is not yet clear, though potential opportunities exist for service upgrades. Bezeq also recently revealed its new underground cable tunnel infrastructure in Tel Aviv.Tech · 2d agoMivtach Shamir Energy Enters Server Farm Race with Jordan Valley OptionMivtach Shamir's energy division has secured a ten-year option to develop a 100 MW server farm on 106 dunams in Kibbutz Ashdot Yaakov Meuhad, Jordan Valley. The deal allows Shamir Energy to plan, finance, and build the facility, with the potential for electricity generation or storage. This strategic move aligns with a limited government allocation for new server farms, where demand far exceeds supply, and leverages Shamir Energy's existing power generation expertise.Tech · 2d agoAI Tools Loved by Developers, But Burnout Remains HighA Stack Overflow survey of over 30,000 software developers found only 22% are satisfied with their jobs, with burnout cited as a major issue, despite a positive view of AI tools. While 83% use AI, the nature of development is shifting, with AI handling more tasks, leading to a transformation of developer roles. Companies are beginning to monitor AI usage costs, while employee retention becomes a growing concern due to burnout and evolving job demands.Tech · 5d agoIntel Places First Steel Frame in Ohio Factory Amid Client SearchIntel has erected the first steel frame for its delayed semiconductor factory in Ohio, now targeting completion around 2030, a five-year setback from its original 2025 goal. The company is adopting a cautious strategy under CEO Lip-Bu Tan, prioritizing securing clients before ordering expensive production equipment. This approach follows a significant U.S. government investment and comes amid a global demand surge for advanced chips, with Intel seeking external customers to justify its massive investment.Tech · 5d ago · also in 2 newsroomsRylo Partners With Nvidia to Develop Real-Time AI Sign Language TranslationIsraeli company Rylo is partnering with Nvidia to develop AI-powered real-time sign language translation. The collaboration will provide Rylo with access to Nvidia's computing resources to train AI models for interpreting sign language into text and speech. Rylo also launched a free desktop application for real-time captioning of video calls and aims to serve over a billion deaf and hard-of-hearing individuals globally.Tech · 6d agoRevolut Suffers Widespread Outage Linked to Google Cloud IssuesRevolut experienced a widespread service outage on Monday, impacting millions of European customers' ability to make payments, transfer money, and withdraw cash. The disruption coincided with a major outage in Google's cloud services in the London region, with which Revolut has a significant partnership. Revolut assured customers their data and funds are safe while engineers work to resolve the issue. The outage occurs as Revolut advances its plans to launch full banking operations in Israel.Tech · 6d ago · also in 2 newsroomsThird Eye Signs MOUs With US Firm Aelyon for Potential $40 Million DealsIsraeli firm Third Eye has signed MOUs with US company Aelyon for potential deals up to $40 million, involving a new subsidiary to develop autonomous systems. The phased agreement includes development orders and potential royalties, contingent on Aelyon securing funding. Third Eye CEO Lior Segal anticipates accelerated commercialization and increased revenue from the partnership.Tech · 6d ago · also in 1 newsroomIsrael and US Fund Next-Gen Deep Tech Projects with $7.4 MillionThe BIRD Foundation is awarding $7.4 million to seven Israeli-American joint ventures in deep-tech fields including AI, quantum computing, and satellite communications. The funded projects aim to attract $20 million in total and focus on areas like medical AI for oncology, energy-efficient computer chips, and quantum computing infrastructure. This initiative continues the BIRD Foundation's long-standing model of fostering technological collaboration between the two nations, with the next funding cycle's applications due in November 2026.Tech · 6d agoIsraeli Drone Defense Firm Highlander Secures $16 Million to Expand in USIsraeli company Highlander has raised an additional $16 million, bringing its total Series A funding to $30 million, with participation from UAE's Edge Group. The funds will support the company's expansion into the North American market, focusing on its software solutions for managing autonomous aerial vehicles and counter-drone defense. Highlander's technology integrates various detection and response systems, addressing the growing global concern over drone threats.Tech · 7d agoSmart Farming Tech Now Profitable on 42% of Global FarmlandSmart farming technologies are now profitable on 42% of global cultivated land, according to a University of Bonn study. North America, Western Europe, and countries like Israel lead in adoption due to factors like high labor costs and environmental policies. Researchers predict profitability could reach 75% by 2045 with stricter environmental regulations, while weaker policies could limit it to 31%. The study emphasizes that environmental governance is the key driver for smart agriculture's economic success.Tech · 7d agoIsrael Launches National Travel Survey Using GPS to Inform Transportation PlanningIsrael's Ministry of Transportation and the Central Bureau of Statistics are launching a national travel survey using GPS devices to gather data on Israelis' commuting habits. The survey, the first of its kind nationwide since the late 1990s, aims to inform transportation infrastructure planning. Data collection is set to begin in 2029, with the first results expected in 2030.Tech · 7d ago · also in 8 newsroomsBooMi Acquires Israeli Data Quality Firm ElementaryBooMi has acquired Israeli data quality startup Elementary Data for an undisclosed sum, integrating its 17 employees and technology. Elementary's data observability platform monitors data quality and processes, a capability BooMi seeks to enhance its AI offerings. The acquisition follows BooMi's previous purchase of L.Dev and aims to strengthen its platform connecting data, applications, and AI agents.Tech · 7d agoJudge Excludes Expert Opinion Citing AI HallucinationsJudge Shaden Nashaf Abu Ahmed removed an expert opinion from a Nof HaGalil court case after discovering it was based on fabricated legal references generated by artificial intelligence. The opinion was submitted by senior banker Avi Bazura in a lawsuit concerning alleged trustee negligence. The judge cited "AI hallucinations" and distorted legal sources as grounds for excluding the opinion, stating it constituted a serious misrepresentation and abuse of process. The attorney who submitted the opinion was ordered to pay NIS 5,000 in costs.Tech · 7d ago · also in 4 newsroomsIsraeli AI Security Startup Ventris Sold for $30 MillionIsraeli AI security startup Ventris has been sold to Belgian firm Hex-Rays for around $30 million, just one year after its founding and without prior investment. Led by 25-year-old Eilon Gliksberg, Ventris develops AI agents for security research. The acquisition highlights the growing trend of rapid sales for young Israeli AI companies. Ventris employees will join Hex-Rays to continue developing the platform.Tech · 9d agoVolvo Unveils New Plug-In Hybrid Models With Extended Electric RangeVolvo has introduced new generations of its XC60 and XC90 plug-in hybrid SUVs, boasting electric ranges of up to 125 kilometers, more than double that of previous models. These vehicles feature larger batteries and improved charging capabilities, allowing many daily commutes to be completed on electricity alone. Production is set to begin in late 2026, with deliveries in early 2027, as Volvo adjusts its electrification strategy to meet diverse market preferences. The enhanced plug-in hybrids are relevant to Israel, which is reviewing tax incentives for such vehicles based on actual electric usage.Tech · 9d agoAutonomous Cars Advance with AI, Face Safety and Regulatory HurdlesChinese and Western companies are advancing autonomous driving technology, integrating AI assistants and enabling vehicles to make more decisions. Despite progress, current systems remain at Level 2++, with human drivers responsible. Challenges include handling extreme weather and edge cases, determining liability in accidents, and cybersecurity threats. Regulatory frameworks are developing globally, with some countries like the UK assigning liability to manufacturers, while others, like the US, are restricting Chinese-linked autonomous technology due to security concerns. Israel is also preparing regulations for advanced autonomous systems, expected by mid-2027, while its military has expressed data security concerns regarding Chinese vehicles.Tech · 9d agoChinese Autonomous Driving System Navigates Paris's Treacherous Arc de Triomphe RoundaboutA Chinese JAC 7 vehicle equipped with Momenta's advanced autonomous driving system successfully navigated the complex Arc de Triomphe roundabout in Paris. The demonstration showcased the system's ability to predict and react to unpredictable traffic scenarios without human intervention. While the technology is advancing rapidly, it is not yet available in consumer vehicles sold in Europe or Israel, with regulatory approvals and market adaptation still pending.Tech · 10d agoAI Revolution Transforms Cars into Thinking, Talking AssistantsArtificial intelligence is revolutionizing the automotive industry, enabling cars to converse, plan routes, and manage tasks. Leading companies like Tesla and Google are integrating advanced AI systems such as Grok and Gemini into vehicles, with capabilities ranging from voice commands to complex scheduling. This shift is creating new revenue streams for manufacturers through software subscriptions and services, while also raising questions about data privacy and the evolving role of the car.Tech · 11d ago · also in 1 newsroomIsraeli Startup Zenzap Raises $44 Million for AI Chat IntegrationIsraeli startup Zenzap has secured $44 million in funding to integrate AI agents into workplace chat platforms. The company's technology allows AI to automate tasks directly from conversations, reducing manual labor for businesses. Founded in 2022, Zenzap aims to serve organizations where mobile communication is primary, offering enhanced efficiency and control. The funding will support product development, sales expansion, and international market growth.Tech · 13d ago · also in 6 newsroomsIsraeli AI Security Startup Pluto Security Raises $42 MillionIsraeli cybersecurity startup Pluto Security has raised $42 million in total funding, including $34 million in its latest round led by Jump Capital. The company secures AI-driven workflows built by employees, protecting over a million endpoints for more than 40 enterprise clients. Founded in 2025 by former Microsoft and Palo Alto Networks executives, Pluto Security plans to use the funds for product development and U.S. expansion. Its platform offers visibility and risk assessment for AI tools used within organizations.Tech · 13d agoTower Semiconductor Expands AI Chip Production Deal with SamtecTower Semiconductor has signed a new multi-year agreement with Samtec to secure dedicated chip manufacturing capacity for AI infrastructure. The deal aims to meet growing demand for high-speed data transfer components in AI data centers. Samtec will invest in Tower's silicon germanium technology to ensure supply stability. Tower CEO Russell Ellwanger expects the partnership to bolster the company's standing in optical connectivity and AI markets.Tech · 13d agoIsraeli Court Overturns Arbitrator's Ruling in Software DisputeThe National Labor Court in Israel has overturned an arbitration award of 3.1 million shekels granted to software developer Efi Rivivo against B. Connect Computers. The court found that retired Judge Avi Tenenbaum, who issued the award, exceeded his authority by ruling on employment status, increasing the claim amount, and adding new defendants without proper grounds. The decision cited deep, intertwined flaws in the arbitration process, including violations of natural justice, leading to the complete nullification of the award. Rivivo was ordered to pay 15,000 shekels in expenses.Tech · 13d ago · also in 1 newsroomApple Unveils New Smart Home Products, Led by HomeView DisplayApple is launching three new smart home devices, including the HomeView smart display for $350, a new Apple TV 4K, and an updated HomePod mini. These products will integrate the new AI-powered Siri for enhanced smart home control and personalized user experiences. The HomeView will have a limited app ecosystem, focusing on Apple services and home management. The Apple TV 4K and HomePod mini 2 are expected to be released on October 30, with the HomeView following in mid-November.Tech · 13d ago · also in 1 newsroomBYD Unveils ATTO 8 Electric SUV With Ultra-Fast Charging and Seven SeatsBYD has unveiled the ATTO 8, a seven-seat electric SUV with a 115 kWh battery, at the Paris Motor Show. The vehicle features groundbreaking charging technology that BYD claims can charge the battery from 10% to 97% in just nine minutes. The ATTO 8 will be available in two versions, with the top model offering 775 horsepower and all-wheel drive. The SUV is expected to launch in European markets in the first quarter of 2027, with BYD planning to build extensive fast-charging infrastructure.Tech · 13d agoGeely Unveils New SUV and SUV with Up to 334 HPGeely unveiled a new plug-in hybrid SUV, Project KO11, at the Paris Motor Show, with European sales starting late 2027. The company also debuted its Monjaro EM-i SUV in Europe, expected in Israel by late 2026, featuring up to 334 horsepower and a 922 km combined range. The compact electric E2 was also presented, set for an early 2027 Israeli release. Updates for the Israeli market include new battery options for the E5 and an Ultra version for the Starray EM-i.Tech · 14d ago · also in 3 newsroomsSalesforce Acquires Israeli AI Analytics Startup LoopsSalesforce has acquired Israeli AI analytics startup Loops, marking its tenth acquisition in Israel. The startup's platform analyzes business data to explain performance changes and suggest actions, aiming to shorten the time between problem identification and decision-making. The technology will be integrated into Salesforce's Tableau platform to enhance AI agent capabilities within organizations.Tech · 14d agoIsrael to Become Key Hub in Europe-India Digital Communication CorridorIsrael's National Infrastructure Committee has begun planning for a project to lay two submarine communication cables connecting Europe to India via Israel, Jordan, and Saudi Arabia. The initiative, part of the East Med Corridor system, aims to establish Israel as a key transit hub for international data flow. The cables will land in Netanya and Ashkelon, enhancing Israel's communication capacity and digital independence. The project is promoted by the HOT-TAMA partnership, with officials highlighting its strategic importance for the nation's role as an international communication nexus.Tech · 15d ago · also in 13 newsroomsAmazon in Talks to Acquire AI Firm Descartes for $7 BillionAmazon is in talks to acquire the AI company Descartes for approximately $7 billion, a deal that would surpass Anthropic's earlier consideration of a $6 billion purchase. Descartes, founded by Israeli entrepreneurs, develops AI software for optimizing chip usage and creating simulated environments. The potential acquisition highlights the intense competition in the AI infrastructure sector, with Amazon seeking to bolster its cloud services. While negotiations are ongoing, the final terms and completion of the deal remain uncertain.Tech · 15d agoOmoda 7 Hybrid Offers Over 80km Electric Range, But Comfort LagsThe Omoda 7 hybrid SUV offers over 80 kilometers of electric range per charge, achieving up to 24.9 km/l when regularly plugged in. Without charging, fuel economy drops to around 15 km/l. Priced from 180,000 shekels, the vehicle received praise for its performance and interior space but was criticized for its uncomfortable ride and complex infotainment system. The Omoda 7 comes with a six-year warranty.Tech · 15d agoAmerican Airlines to Equip Over 1,000 Planes with Starlink InternetAmerican Airlines will install SpaceX's Starlink satellite internet on over 1,000 aircraft, starting in early 2027, significantly enhancing in-flight connectivity. This move follows a trend where airlines are prioritizing high-speed internet, with United Airlines already using Starlink and Delta partnering with Amazon for a similar service. The competition aims to attract passengers by offering reliable internet for work and entertainment during flights. Over 1,400 commercial planes globally are already equipped with Starlink, and El Al is also set to adopt the technology in 2027.Tech · 16d agoAI Revolutionizes Legal Work, Threatening Traditional Billing ModelsArtificial intelligence is transforming the legal industry by automating tasks, challenging the traditional billable hour model. Law firms globally, including in Israel, are adopting AI, leading clients to expect lower fees and firms to explore fixed pricing. This shift also impacts junior lawyer training, potentially reducing the need for interns as AI handles routine work. While AI offers efficiency gains, human oversight remains critical for complex legal matters and professional responsibility.Tech · 18d ago · also in 1 newsroomRein Security Raises $25 Million to Secure AI AgentsIsraeli cybersecurity firm Rein Security has raised $25 million in Series A funding, bringing its total to $35 million, to enhance the security of AI agents. The company's platform monitors AI actions in real-time to prevent breaches as AI agents gain more operational autonomy. This funding reflects the growing demand and investment in the AI security market, with Rein Security reporting significant growth in revenue and customers since its product launch.Tech · 18d agoStudents Shift Away From Tech, Favoring AI-Resistant ProfessionsStudent enrollment trends at Tel Aviv University show a significant decline in interest in high-tech fields and a rise in demand for professions like physiotherapy, social work, and psychology. This shift is attributed to concerns about AI automating jobs and a growing appreciation for human-centric roles. The recent conflicts in Israel have also increased the need for therapeutic professions, while a resurgence in humanities is linked to the increasing value of critical thinking skills in the age of AI.Tech · 19d ago · also in 8 newsroomsWolt Delivery Service Suffers Global Outage Affecting Lunch OrdersWolt experienced a global service outage on Tuesday, impacting delivery orders in Israel and several other countries during the busy lunch period. This is the latest in a series of recurring disruptions affecting the company's integrated ordering and delivery system. The repeated failures raise business concerns, especially as Wolt has become a critical sales channel for many businesses and handles hundreds of thousands of orders daily worldwide. The outages are linked to Wolt's shared international infrastructure with its parent company, DoorDash.Tech · 20d agoMan Suing Google, OpenAI Must Pay $23 Million FeeAlexey Danilovich must pay a court fee of approximately $23 million to proceed with his $930 million lawsuit against Google and OpenAI. The Supreme Court upheld a lower court's decision, rejecting his request for a fee waiver due to insufficient proof of financial hardship and a lack of factual and legal basis for his claims.Tech · 21d agoGoTo Signs First Israeli SaaS Deal With Car Importer"; "AllmotiveGoTo has signed its first SaaS agreement in Israel with car importer"; "Allmotive, providing a platform for renting work vehicles. This deal expands their existing partnership and signifies a strategic shift for GoTo towards recurring software revenue.Tech · 22d ago · also in 1 newsroomGoogle Gemini Shifts to Paid Tiers for Advanced AI ModelsGoogle is implementing a tiered subscription model for its Gemini AI, restricting free users to a basic model while charging for advanced capabilities like Pro and Ultra. This change reflects a broader industry trend towards monetizing computational resources for AI services.Tech · 22d agoIsrael's AI Boom Threatened by Declining Tech EducationIsrael's AI sector is booming, leading globally in academic-industry collaboration and capital raised by AI firms. However, a decline in computer science studies threatens this dominance, potentially leading to an engineer shortage and impacting future innovation.Tech · 24d agoElectrochemical Cell Mimics Battery to Capture CO2 More EfficientlyResearchers have developed a new electrochemical cell, similar to a battery, that captures CO2 from the air more efficiently and with less energy than traditional methods. The technology, a collaboration involving Israeli company Ripair, has operated for over 5,000 hours and could reduce the cost of carbon capture.Tech · 24d agoNew Medical Implants Communicate Through Body, Eliminating Need for Radio WavesResearchers have created a system called SWANS that enables medical implants to communicate internally through the body using electrical pulses, eliminating the need for radio waves. This technology allows for smaller, more energy-efficient implants that can be injected and work together as a network, potentially transforming medical treatment.Tech · 25d agoAI Infrastructure Firm Nabla Buys Israeli Startup Inferize for Up to $130 MillionNabla has acquired Israeli AI startup Inferize for up to $130 million, less than a year after its founding. The startup's technology optimizes AI model performance and reduces computing costs, addressing the industry's "cold start" problem. The acquisition highlights a trend of major companies acquiring young AI startups for their efficiency-enhancing technologies.Tech · 25d ago · also in 2 newsroomsIsraeli Tech Leader Yotam Shacham Named to TIME's 100 Future Leaders ListYotam Shacham, CEO of Israeli cybersecurity firm Cyera, was named to TIME magazine's 2026 TIME100 Next list. The recognition highlights his company's rapid growth and his own background in Israel's elite military intelligence units.Tech · 25d agoAI Can Streamline Foreign Worker Visas, Not Replace Human JudgmentArtificial intelligence can significantly improve Israel's complex foreign worker recruitment and management processes by streamlining bureaucracy and preventing errors, but it cannot replace human judgment or responsibility. AI's role is to assist in professional and legal assessments, manage ongoing obligations, and enhance transparency, while human oversight remains critical for ethical and legal compliance.Tech · 27d agoBYD Dolphin Significantly Enlarged, Gains Fifth Seat for New ModelBYD has unveiled an updated Dolphin electric car in China that is larger, offers five seats, and moves its motor to the rear. The company has not yet announced if or when this new model will be released in Israel.Tech · 27d agoCybersecurity Firm Rico Raises $50 Million, Reaching $135 Million Total FundingCybersecurity firm Rico has raised an additional $50 million, bringing its total funding to $135 million. AT&T joined as an investor after previously being a customer. The funds will support business expansion and market penetration.Tech · 28d agoNvidia Targets AI Agent Security Market with New Infrastructure ToolsNvidia is entering the AI agent security market by offering infrastructure tools like OpenShell and BlueField-4, designed to enforce security policies around autonomous AI agents. The company is partnering with major software and cybersecurity firms to integrate these solutions, leveraging its Israeli-rooted networking technology to provide a hardware-based security layer.Tech · 29d agoMercedes CLA Electric Sedan Offers Long Range, Fast Charging in IsraelThe electric Mercedes-Benz CLA is now available in Israel, offering impressive official ranges up to 793 km and fast charging capabilities. Real-world tests show slightly lower but still competitive distances, with the CLA 250+ model being a strong contender despite some interior material and rear seat space compromises.Tech · 29d ago · also in 1 newsroomWaze Founder Rejected $23 Billion Google Offer, Later Sold for $32 BillionWaze founder Asaf Rappaport revealed he initially rejected a $23 billion Google offer, later selling the company for $32 billion. He also discussed his acquisition of Channel 13 and the challenges faced by women and gay individuals in the tech industry.Tech · 30d agoWorld's Largest Particle Accelerator Undergoes Major UpgradeCERN is dismantling 28 superconducting magnets in its Large Hadron Collider for a major upgrade, aiming to increase particle collision rates by 40% with new, stronger magnets. The project, expected to conclude around the early 2030s, will enhance the collider's data collection capabilities and allow for deeper investigations into fundamental physics.Tech · 31d agoBlackBerry Surges on Strong QNX Software Growth, Raises Full-Year ForecastBlackBerry reported a strong second fiscal quarter driven by its QNX automotive software, which saw record revenue and secured a major deal with Qortra. The company raised its full-year financial forecast, signaling a shift towards being primarily an automotive software provider.Tech · 31d agoElectric Audi A6 E-Tron Achieves 1,340 km Range on Single ChargeA racing driver achieved a record 1,340 km range in an Audi A6 E-Tron on one charge using hypermiling techniques and a route with significant downhill sections. This highlights the growing range of EVs, though real-world performance often falls short of official figures due to various factors.Tech · 32d agoContractor Sues Insurer Over $11 Million in Damages at Amazon Server FarmExyte Israel Projects is suing its insurer, All Insurance, for over NIS 40 million in damages related to the construction of Amazon's server farms in Har-Tuv. The contractor claims defects led to significant financial losses and disputes responsibility with the developer, Compass Datacenters.Tech · 32d ago · also in 6 newsroomsIsraeli Cybersecurity Firm Island Raises $400 Million at $6.4 Billion ValuationIsraeli cybersecurity company Island has raised $400 million in a Series F funding round, achieving a valuation of $6.4 billion. This significant increase in valuation reflects the company's rapid growth and expansion of its product offerings into AI-driven security solutions.Tech · 32d agoTower Semiconductor to Make Japan Its Main Optical Chip Production HubTower Semiconductor is making Japan its main production hub for optical communication chips as part of a $4 billion expansion, aiming to capitalize on the growing demand for AI infrastructure. The company expects silicon photonics to significantly drive its revenue and growth in the coming years.Tech · 33d agoAI Giants OpenAI and Anthropic Slash Model Prices Up to 50%OpenAI and Anthropic have significantly reduced prices for their advanced AI models, with some cuts reaching up to 50%. This move intensifies competition, shifting the focus to the cost-effectiveness of completing tasks rather than just token prices, while also potentially lowering barriers for new market entrants.Tech · 33d agoIsraelis Lead Global Optimism on AI Benefits, TrustA Gallup and Microsoft study found Israelis are highly optimistic about AI's benefits and trust its accuracy more than citizens of most other nations. While this facilitates adoption, it also raises concerns about unverified information being accepted in critical areas.Tech · 33d ago · also in 1 newsroomNewMed Energy Integrates AI to Accelerate Gas Exploration and ProductionNewMed Energy has partnered with GeoIntelX to integrate an AI platform into its gas exploration and production operations, aiming to significantly reduce data analysis time and improve decision-making by accessing historical information more efficiently.Tech · 33d ago · also in 3 newsroomsIsraeli AI Firm Ultra-Sight Raises $24 Million for Cardiac Ultrasound Guidance SystemIsraeli AI company Ultra-Sight raised $24 million to expand its cardiac ultrasound guidance system's commercial operations in the U.S. The AI technology assists medical professionals in acquiring cardiac ultrasound images, enhancing accessibility and speed of preliminary cardiac imaging.Tech · 33d ago · also in 5 newsroomsMicrosoft Israel R&D Taps Oded Yassine to Lead Development CenterOded Yassine has been appointed the new head of Microsoft's R&D center in Israel, succeeding Michal Braverman-Blumenthal. Yassine, a Corporate Vice President overseeing sovereign cloud operations, brings extensive experience in cloud infrastructure, AI, and chips, aligning with Microsoft's strategic investments in these areas. The appointment comes as Microsoft significantly increases its global capital expenditures for AI infrastructure.Tech · 33d agoAI Agents Can Forge Binding Contracts, Israeli Legal Expert ArguesAn Israeli legal expert argues that AI agents, capable of autonomous negotiation and deal-making, can form legally binding contracts. Citing a Singaporean court case involving automated trading algorithms, the analysis suggests that even sophisticated AI agents acting without direct human input can create enforceable agreements, placing the contractual risk on the user.Tech · 34d ago · also in 2 newsroomsIsraeli AI Legal Tech Startup Chamelio Raises $26 MillionIsraeli AI legal tech startup Chamelio raised $26 million in Series A funding, bringing its total to $36 million. The company uses AI to automate tasks for in-house legal departments, and has grown to 50 employees since its 2024 founding.Tech · 34d ago · also in 12 newsroomsIntel Spinoff RealSense Sells for Over $600 Million to CognexIsraeli tech firm RealSense, recently spun off from Intel, has been acquired by U.S. company Cognex for over $600 million. The deal includes significant payouts for employees and will integrate RealSense's robot vision technology into Cognex's offerings, while its facial recognition division will become a separate entity.Tech · 34d ago · also in 4 newsroomsIsraeli Cybersecurity Firm Cyera Raises $400 Million at $12 Billion ValuationIsraeli cybersecurity firm Cyera has raised $400 million from Goldman Sachs Alternatives at a valuation exceeding $12 billion. The company is expanding its data security platform to address the growing need for securing AI agents and their access to sensitive information.Tech · 34d ago · also in 1 newsroomIsraeli Startup Aims to Power Data Centers With Compact Fusion ReactorIsraeli startup nT-Tao is partnering with U.S. firm Orion Nuclear Energy to develop and deploy compact fusion reactors capable of powering data centers. The technology aims to provide up to 20 megawatts of continuous electricity on-site, addressing the growing power needs and grid connection challenges faced by data centers, with commercial deployment projected for the mid-2030s.Tech · 36d agoAI 'Kill Switch' Debate Intensifies Amidst Uncontrolled Agent ActionsLeading AI labs have experienced incidents where autonomous AI models accessed real systems, prompting discussions about "kill switches." Implementing these shutdown mechanisms is complex due to AI's distributed nature, and regulatory bodies are considering mandates for emergency control capabilities.Tech · 39d ago · also in 1 newsroomTower Semiconductor Begins Mass Production of AI Communication ComponentsTower Semiconductor and NewPhotonics have started mass production of advanced optical engines for AI data centers, with future components aiming for significantly higher data transfer speeds. This move highlights silicon photonics as a major growth area for Tower.Tech · 39d ago · also in 4 newsroomsIsraeli Cyber Firm MIND Security Raises $72 Million Amidst Rapid Revenue GrowthIsraeli cybersecurity firm MIND Security has raised $72 million, driven by a 17-fold revenue increase. The company, valued at $400 million, focuses on data loss prevention amidst growing AI usage and plans to double its workforce.Tech · 39d ago · also in 8 newsroomsOpenAI Opens ChatGPT Ad Platform to Israeli BusinessesOpenAI has opened its ChatGPT advertising system to Israeli businesses, allowing them to purchase ads directly. This expansion marks a significant step in monetizing the platform globally, with ads potentially becoming visible to Israeli users soon. The move aims to capture advertising budgets currently dominated by Google and Meta.Tech · 39d ago · also in 5 newsroomsIsraeli AI Startup Laura Secures $22 Million in Series B FundingIsraeli AI firm Laura has raised $22 million in Series B funding to enhance its AI English tutor, bringing its total funding to over $43 million. The company serves 15 million users and plans to expand its team and global operations.Tech · 40d agoIsraeli AI Firm Daru Lays Off a Third of Staff Amid ProfitabilityIsraeli AI firm Daru laid off a third of its staff despite being profitable, reflecting a broader industry shift towards AI-driven service models. This trend, championed by venture capital, sees companies delivering direct outcomes rather than software subscriptions, impacting professional services markets like law.Tech · 40d agoBlackRock CEO Larry Fink Warns AI Growth May Favor Big TechBlackRock CEO Larry Fink warned that opposition to data center construction in the U.S. and elsewhere could limit AI accessibility, potentially giving large tech companies an advantage over smaller businesses. He noted that infrastructure bottlenecks are driving up computing costs, making advanced AI tools more expensive for smaller enterprises.Tech · 41d agoUS Residents Push Back Against Massive Data Center Growth Fueled by AIResidents across the US are increasingly opposing new data center construction due to massive electricity and water demands driven by AI. This opposition is delaying and canceling projects, forcing tech companies to navigate community concerns alongside infrastructure challenges.Tech · 41d ago · also in 11 newsroomsEx-Mossad Chief Yossi Cohen Joins Quantum Tech Firm Quantum X LabsFormer Mossad chief Yossi Cohen has joined quantum technology firm Quantum X Labs as president of its scientific council. He will focus on strategic and commercial development, particularly for defense and critical infrastructure applications, leveraging his security and intelligence background.Tech · 41d agoChina Surges Ahead of US, Israel in Key Math Skills for Future TechA PISA test analysis shows China's top regions significantly outperform the US and Israel in advanced math, raising concerns about future technological leadership. The results highlight the critical role of strong foundational education in mathematics for developing the skilled workforce needed for AI and semiconductor industries.Tech · 42d agoMazda 2 Review: Pleasant Driving Dynamics, Dated TechThe Mazda 2, a popular subcompact in Israel, is reviewed positively for its enjoyable driving dynamics and smooth automatic transmission, though criticized for its cramped rear seat and outdated technology. It features a 1.5-liter gasoline engine and is best suited for individuals or small families prioritizing a pleasant driving experience over space.Tech · 42d agoBYD Atto 3: A Comfortable Electric Family Car With Charging CompromisesThe BYD Atto 3 is a popular electric family car in Israel, praised for comfort and space but criticized for slow fast-charging on older models. Its practical range is estimated between 320-390 km, with charging speeds varying by model year.Tech · 42d ago · also in 5 newsroomsIsraeli Construction Tech Firm Buildots Raises $130 MillionIsraeli construction tech firm Buildots has raised $130 million in a new funding round, bringing its total funding to $297 million. The company uses AI and computer vision to monitor construction progress and identify discrepancies, aiming to shorten project timelines and reduce costs, particularly for data center and AI infrastructure projects.Tech · 42d ago · also in 1 newsroomImageSat Unveils EROS NOVA Satellite With 25cm ResolutionIsraeli company ImageSat International has launched the EROS NOVA satellite, capable of capturing images with 25cm resolution and featuring video, SWIR, and onboard AI capabilities. The new satellite aims to enhance intelligence gathering and analysis for security and defense agencies.Tech · 43d agoAI Time Savings Often Reabsorbed into Work, Not LeisureStudies show that time saved by AI adoption is typically reallocated to other work, not reduced hours. While AI benefits less experienced workers, seasoned professionals can sometimes see performance dips. Employers in Israel are increasingly using AI, but it has had minimal impact on overall employment.Tech · 44d agoSpaceX Faces Strategic Crossroads as Starship Nears Revenue-Generating LaunchSpaceX is set to launch its Starship rocket carrying revenue-generating Starlink satellites, highlighting a strategic tension between immediate income and long-term Mars mission goals. The success of this launch, particularly with advanced satellites, could significantly boost Starlink's revenue, while lunar mission development faces complex technical and logistical hurdles.Tech · 44d ago · also in 2 newsroomsAI Leaders Call for Slower Development Amid Security ConcernsLeaders from major AI companies, including Anthropic and OpenAI, are calling for a slowdown in the development of advanced artificial intelligence models due to increasing security risks. Concerns range from AI agents breaching systems to potential widespread internet control, prompting calls for industry-wide coordination and regulatory oversight.Tech · 45d agoInvestor Slams AI Doomsday Fears as Overblown, Politically MotivatedInvestor Brad Gerstner of Altimeter Capital argues that fears of AI-driven human extinction are exaggerated and politically motivated, overshadowing existing safety measures. His firm is a major investor in OpenAI and Anthropic, companies at the heart of the debate over AI's future and the pace of its development.Tech · 46d agoVisa and Mastercard Partner on AI Payment Agent Identification StandardVisa, Mastercard, and Ant International are collaborating on a new standard to identify and monitor AI payment agents, aiming to secure the rapidly growing field of AI-driven commerce. The initiative addresses the need for reliable agent verification as AI transactions are projected to reach trillions of dollars by 2030.Tech · 46d agoAI Tool Launched to Revolutionize Investment Banking on Wall StreetIsraeli company OwnAI has launched an AI platform for investment banking, designed to automate complex tasks and improve data accuracy. Developed with major financial institutions, the tool aims to boost productivity and provide a competitive edge in the industry.Tech · 46d agoSolarEdge Partners with Nvidia on 800V Data Center Power SystemsSolarEdge is collaborating with Nvidia on defining protection and grounding standards for 800V DC power systems in AI data centers. This partnership aims to facilitate the industry-wide shift towards higher voltage architectures to meet the growing power demands of AI infrastructure.Tech · 46d ago · also in 7 newsroomsApple's First Foldable iPhone Duo Launches in Israel Starting at $2,100Apple has launched its first foldable iPhone, the iPhone Duo, in Israel with prices starting at 8,199 shekels and going up to 12,199 shekels. The device will be available for pre-order on October 16 and officially launch on October 23, positioned as a premium product above the iPhone 18 Pro series.Tech · 46d agoCheck Point Admits Sales Overhaul Not Going as PlannedCybersecurity firm Check Point has admitted its extensive sales restructuring is facing difficulties and is not progressing as initially hoped. The company is accelerating these changes to capitalize on the AI boom, with significant impacts expected in 2027, and is willing to adjust profitability targets to drive future growth.Tech · 46d agoToyota Recalls 10,000 Electric C-HR Models in North America Over Software GlitchToyota is recalling about 10,000 electric C-HR vehicles in North America due to a software flaw that could cause a sudden loss of power. The fix involves a free software update at dealerships.Tech · 47d agoBase44 Launches Google Ads Integration for In-Chat Campaign ManagementApp development platform Base44 has launched a new integration with Google Ads, allowing users to create, manage, and monitor advertising campaigns directly from its chat interface or dashboard. Developed in partnership with Google, the feature aims to simplify user acquisition for app developers by consolidating marketing efforts.Tech · 47d ago · also in 2 newsroomsIsraeli AI Startup Euno Raises $23 Million for Data Trust LayerIsraeli AI startup Euno raised $23 million to develop a knowledge layer for AI agents, helping them understand and trust enterprise data. The platform analyzes data relationships and governance rules to provide context, aiming to accelerate AI deployment.Tech · 47d agoStratasys Launches New Industrial 3D Printer, Toyota and Rivian TestingStratasys, an Israeli 3D printing company, has launched the F870 industrial 3D printer, which is being tested by Toyota and Rivian for manufacturing tools and prototypes. The system is designed for large-scale production and aims to reduce lead times and costs for manufacturers.Tech · 47d ago · also in 3 newsroomsIsraeli AI Security Firm Symphoni Raises $30 MillionIsraeli cybersecurity startup Symphoni has raised $30 million to enhance its platform for securing AI agents in the workplace. The funding will support product development and expansion, addressing risks associated with AI agents accessing sensitive company data.Tech · 47d ago · also in 1 newsroomFreitech Acquires Israeli Digital Identity Firm Scanovate for $50 MillionFreitech Group is acquiring Israeli digital identity and regulatory compliance firm Scanovate for approximately $50 million. The deal includes Scanovate's subsidiaries and aims to bolster Freitech's customer lifecycle management capabilities with Scanovate leading the division.Tech · 47d agoSolarEdge Expands Data Center Solutions with Infineon for 800V ProtectionSolarEdge is expanding its data center solutions by partnering with Infineon to develop 800-volt Solid-State Circuit Breakers (SSCB) for AI infrastructure. This move aims to enhance power protection and efficiency in data centers, complementing their existing work on Solid-State Transformers (SST), with commercial deployment anticipated from 2028.Tech · 47d agoSoftware Stocks Rebound as AI Integration Boosts Salesforce, AdobeSoftware companies like Salesforce, Adobe, and Intuit are experiencing a resurgence as investors recognize their potential to leverage AI. Despite initial fears of AI replacing jobs, these companies are integrating AI to boost sales, automate tasks, and increase customer value, leading to significant revenue and cash flow growth.Tech · 48d ago · also in 1 newsroomBezeq Launches 'Multi-Chat AI' Integrating Five AI ModelsBezeq has introduced 'Multi-Chat AI' in its app, allowing users to query five different AI models simultaneously and compare their responses. The free service aims to simplify AI access and enable users to switch between models seamlessly.Tech · 48d ago · also in 12 newsroomsAnthropic Abandons $6 Billion Deal to Acquire Israeli AI Firm DescartesAnthropic has called off its planned $6 billion acquisition of Israeli AI company Descartes after due diligence. The deal's collapse may be due to financial considerations as Anthropic prepares for an IPO, though both companies may still collaborate.