The Israeli tech industry has voiced concerns that this rule could delay the deployment of GPU processors in Israel, and slow the growth of the local high-tech industry.
Israeli cybersecurity companies, which account for 7% of all tech companies in Israel, raised $3.8 billion last year — about a third (36%) of total investments in the tech sector.
Just a week before he vacates the White House, President Biden signed the Interim Final Rule on Artificial Intelligence Diffusion (AI Diffusion Rule).
Phytech signs strategic partnership with Rivulis to revolutionize global digital agriculture.
SolarEdge announces two U.S. deals in residential solar systems while laying off 400 employees, half in Israel.
Hailo will showcase at CES 2025 in Las Vegas a new generation of AI accelerators for Generative AI on edge devices, and the Hailo-15 AI processor for cameras enabling free-text search in video.
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.
Adopting private-sector principles doesn’t mean running the government like a business. It means fostering a culture of efficiency, accountability, and alignment in service of the public good.
The credit rating downgrades could "tarnish Israel’s reputation as a thriving start-up nation—a brand image that could take years to rebuild," Shlomo Landress notes.
The company joins the Pledge 1% program with a long-term model, expanding employee volunteering, start-up support, and product discounts.