Blackstone, the global alternative asset manager, has made a significant stride into the vibrant landscape of Israeli technology with its recent announcement of acquiring a majority stake in Priority Software. The deal, valued at a staggering $800 million, not only...
In the midst of political tensions between Israel and Brazil over the war with Hamas, the Brazilian army has decided to upgrade its artillery array and purchase 36 new self-propelled guns of the Atmos type from Israel's Elbit Systems. The deal, estimated to be worth...
The Volkswagen Group revealed its strategic move to integrate Mobileye's autonomous driving systems into the latest models of Audi, Bentley, Lamborghini, and Porsche. This partnership signifies a significant milestone in advancing the automotive industry's adoption of...
Nvidia, a frontrunner in technological innovation, has once again captured the spotlight with its annual conference, GTC 2024, held in San Jose. Riding high on its recent accolade as the third-largest company by market capitalization on Wall Street, Nvidia's CEO and...
In a bid to bolster its artificial intelligence (AI) capabilities, chip giant Nvidia is reportedly in discussions to acquire the Israeli AI company Run:AI, according to sources familiar with the matter. Run:AI specializes in developing software for managing AI...
In the intricate dance of global geopolitics, one industry often finds itself booming amidst chaos and conflict: the arms and defence sector. Next Vision (NXSN.TA), a manufacturer of miniature cameras for drones and mini-drones, stands as a prime example of this...
Oddity Tech, formerly known as Il Makiage, has captured attention with its remarkable transformation from a failing makeup company to a thriving technology enterprise. As one of the largest shareholders prepares to sell a portion of their stake, it prompts reflection...
As the latest bank reports for 2023 flood the financial landscape, it's evident that the banking sector in Israel is continuing its trajectory of unprecedented profitability, with Hapoalim, Mizrahi Tefahot, Discount, and FIBI leading the charge. However, amidst the...
The removal and swift return of Sam Altman, CEO of OpenAI, have sent ripples through the tech industry, particularly impacting OpenAI's key partner, Microsoft. The saga underscores the risks associated with relying on a single company for cutting-edge AI technology....
El Al Airlines has announced its financial results for the fourth quarter of 2023, revealing a significant surge in profits amidst the disruptions caused by the war with Hamas. The conflict, which led to the suspension of flights by foreign airlines to Israel,...