Tech & Start-ups

Technology and innovation news from the Start-up Nation.

 LeumiTech CEO Maya Eisen Zafrir.

Israeli high-tech sector concludes 2024 with 38% growth in capital raising

Preliminary data from LeumiTech and IVC’s high-tech report reveals that despite the challenges of 2024, the high-tech sector managed to secure its role as the growth engine of the Israeli economy.

Amazon Nova debuts: New generative AI models for images, videos and text

The technology can be used in 200 languages, including Hebrew, which Amazon said would prevent users from “worrying about language barriers or maintaining separate models for different regions.”

Israel's first wave energy power plant to launch in Jaffa Port

The Energy and Infrastructure Ministry recognized the project as a "pioneering technology."

An illustration of Israeli cryptocurrency

Crypto battle: Pro-Israel cryptocurrency 'Go Israel' launched to counter pro-Palestine coin

The choice to launch the coin also comes only days after Donald Trump's victory in the 2024 US election, which caused cryptocurrency markets to soar.

New initiative connects Israeli tech to UK healthcare

Israeli startups will gain critical insights into the NHS and UK healthcare system, collaborating with healthcare organizations to bridge gaps and foster mutually beneficial partnerships.

By GLOBES/TNS
05/11/2024

Mother sues AI company after 14-year-old son commits suicide for romantic interest chatbot

Sewell Setzer, 14, committed suicide believing it would allow him to be in the world of his AI girlfriend Dany, his mother claims.

Intel Israel to lay off several hundred after holidays

In Israel, the dismissals are set to begin after the holidays and will likely include several hundred employees out of the 11,000 employees in Haifa, Petah Tikva, Jerusalem, and Kiryat Gat.

By ASSAF GILEAD/GLOBES/TNS
21/10/2024

Gaining exposure at IAI

Shay Gal, VP of external relations, explains the importance of media coverage.

By JERUSALEM REPORT STAFF
13/10/2024

VCs Talk: An interview with Itamar Weizman Partner & Head of Climate Tech at Firstime Ventures

Weizman notes that the solutions they’re introducing do more than just make the world a better place – they also build profitable businesses.

By INBAL AHARONI
09/10/2024
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