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....
Navigating the AI revolution: Implications for the economy, financial markets, and work
According to a recent JPMorgan study, ChatGTP and other artificial intelligence (AI)-powered large language models (LLMs) contributed $1.4 trillion to the value of companies and accounted for more than half of the S&P 500's gains. Microsoft, Alphabet (parent...
World’s first: Israeli food tech introduces chickpea protein burger that mimics meat texture and taste
Israeli food tech startup Meat. The End (MTE) has recently introduced the world's first texturized plant-based burger made exclusively of chickpea protein. This innovative burger mimics the taste, smell and texture of meat, but is made without soy or other allergenic...
Abu Dhabi and China join AI race with their own chatbots
In the wake of OpenAI's groundbreaking chatbot project, ChatGPT, both Abu Dhabi and China have announced plans to introduce their own versions of the program, which employs natural language processing to "converse" with users and deliver information. With...
Israeli households to receive clean energy from wave-generated electricity
Eco Wave Power (EWP), an Israeli company that has developed technology to harness clean energy from the movement of waves, has signed a contract with the Israeli National Electric Company to connect its wave-energy power plant to Israel's power grid and sell...