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...
Mobileye Secures Major Contract with Global Car Manufacturer
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...
From non-profit to $90 billion valuation: OpenAI’s evolution
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...
Israeli military tech companies thrive on soaring global demand
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...
Milk and honey reinvented: the Wilk and Bee-io Honey merger taking food tech to new heights
In a ground-breaking move, two innovative Israeli food tech companies have announced a merger, combining their expertise to advance in their respective fields. The two start-ups, Wilk and Bee-io Honey, are taking a giant leap forward as they specialize in developing...
Israeli ingenuity at the core: Microsoft launches cloud server chip and card for Azure
Yesterday, Microsoft made an exciting debut, unveiling a cutting-edge chip and electronic card designed for its cloud servers. The primary objectives behind this move are twofold: firstly, to grant customers the ability to customize the Azure cloud system on demand,...
General Motors acquires Israeli battery start-up Algolion to boost electric vehicle safety
General Motors (NYSE:GM), one of the world's leading carmakers, last week made an announcement regarding the acquisition of Israeli battery start-up Algolion. Following the acquisition, all of the company's employees will join General Motors' development center in...
Israeli agritech company’s 50% water savings solution drives $44 million funding round
The Israeli agritech company N-Drip, has completed another funding round, successfully raising $44 million. Overall, the company has managed to raise about $80 million so far from a number of investors in the U.S., Europe, and Israel. Among its investors are Garnot...
Israel’s Rafael unveils SkySonic: a game-changer in hypersonic missile defense
Rafael, a prominent Israeli defense company, is set to unveil its latest innovation in the air defense industry called the "SkySonic". This cutting-edge system is specifically designed to counter the growing threat of hypersonic missiles, which has gained significant...
Seamless shopping ambitions: Israeli tech company takes on Amazon in retail innovation
In a bid to revolutionize the retail industry, Israeli technology company Trigo has emerged as a trailblazer in seamlessly blending the convenience of online shopping with the immersive experience of physical stores that aims to compete with e-commerce giant Amazon....