XTEND, an Israeli drone manufacturer specializing in attack and intelligence drones, has successfully raised $40 million in a Series B funding round. The funding follows the proven performance of XTEND's drones in urban combat during the war with Hamas. While the...
Nvidia, a renowned leader in graphics processing units (GPUs) and artificial intelligence (AI) technologies, has made a significant move in the tech industry by announcing the acquisition of Israeli start-up Run:ai. The company has developed an innovative operating...
The Iranian parliament erupted in celebratory chants of "Death to Israel!" on a Sunday morning, hailing what they perceived as a successful missile and UAV attack on Israel. However, despite the fervor of the moment, the reality paints a different picture: almost 99%...
Amidst the challenges posed by the war with Hamas in Gaza strip, new insights from Startup Nation Central (SNC) shed light on the robustness of the Israeli tech sector. The data, released today, reveals a remarkable resilience despite the backdrop of the ongoing war,...
In the wake of the War with Hamas, a recent report by the Fusion Fund sheds light on the state of pre-seed investments in Israel's startup ecosystem. The report, covering investments in the pre-seed stage throughout 2023 and early 2024, reveals a significant downturn...
In the fast-evolving landscape of artificial intelligence, Lightricks, an Israeli company known for its popular FaceTune application, has made a significant stride forward. Last week, they unveiled their latest venture: a groundbreaking system designed to...
Apple's recent foray into the world of augmented reality took the tech industry by storm with the unveiling of Vision Pro, a revolutionary mixed reality helmet. Priced at a hefty $3,500, the product's launch stirred immense curiosity, not only due to its premium cost...
In a groundbreaking development for the Israeli auto-tech industry, Mobileye, a pioneer in the field, proudly announced on Monday that it has successfully clinched a strategic contract with a prominent Western car manufacturer. The deal entails integrating Mobileye's...
Artificial intelligence has been making waves across industries, and OpenAI, a prominent AI startup, is poised to make a major move in the world of tech investments. According to a report in the Wall Street Journal, OpenAI is currently in discussions with investors to...
In a stunning display of Israel's prowess in military technology, the approval of IAI's Arrow 3 system's sale to Germany for a staggering $3.3 billion has sent shockwaves through international news outlets. To put this deal in perspective, the IAI's total sales for...