The Israel-Hamas War has led to fundraising declines and workforce disruptions in Israel's hi-tech sector, with varying impacts across industries.
As the war that began on October 7 continues, Israel faces critical challenges in security, energy, and the economy, the nation must turn to its innovative spirit: AI technology.
International Video Game Day data reveals 3 billion global gamers, each spending about $75 per month. Buff has introduced in-game brand campaigns.
Senior defense official to ‘Post’: Ukraine, Asia conflicts keep Israeli sales high despite Gaza war.
Wiz is a cloud security start-up founded in 2020 by Israelis Assaf Rappaport, Yinon Costica, Roy Reznik, and Ami Luttwak, with headquarters in New York City.
Eretz Angel members will have the opportunity to invest in deep-tech technological ventures in Israel’s northern and southern communities.
Since October 7, more than 80% of the start-ups in Israel reported suffering damage from the war, with over 50% of start-ups left with less than six months of cash.
Israel excels in cybersecurity but lags in AI investment, facing human capital shortages. Generative AI’s rapid global growth contrasts with Israel’s moderate increase.
"I don't meet a single CEO who doesn't say that they want to use AI or have an 'AI first' approach."
Despite challenges derived from the ongoing war, Israel's high-tech and startup ecosystem has shown great resilience and hope.