Why has Israel become an assembly line for tech unicorns and what is it really like to work with the NBA?
CTech Daily Roundup: Siraj Technologies is lighting the way forward for Israeli Bedouin high tech integration
“We made baby boomers, for the first time, into content creators.” Zoog’s platform turns children’s stories into social videobooks, transcending generations in a post-Covid world. Read more
LeBron James. Photo: AFP
Siraj Technologies is lighting the way forward for Israeli Bedouin high tech integration. The startup, led by two Israeli-Bedouin entrepreneurs, works to streamline onboarding Internet of Things (IoT) edge devices to cloud platforms by relying on AI and deep learning algorithms. Read more
Fintech Fued: Israeli banks trade allegations of data theft and intimidation practices. Bank Leumi accuses its former executive of stealing confidential info and handing it to his new employer, the Digital Bank. Read more
What is it really like to work with the NBA? Very challenging, but a dream come true, according to Daniel Shichman, CEO of Israeli company WSC Sports, which provides a proprietary AI technology platform that automates the creation of short-form sports content. Read more
Fintech company Credit24 going public on TASE at a NIS 160 million valuation. The company will try to raise NIS 40-50 million in May, since its current credit portfolio of NIS 20 million is insufficient to process the credit requests it receives. Read more
Elta Systems to manufacture new combat vehicles for the IDF and foreign militaries. The ZMAG is capable of transporting up to 2.5 tons of equipment over extremely harsh terrain. Read more
Move over Amazon, the Israeli military is equipping its warehouses with artificial intelligence. The IDF will build three logistic centers costing $1.7 billion, integrating new technologies that will become available to civilian companies. Read more
Elbit seals $1.65 billion deal with Greek air force. The Israeli company, under contract by the Ministry of Defense, will build and operate a flight training center, provide Greece with 10 M-346 Italian aircraft, and upgrade existing aircraft. Read more
Israelis to receive their Teslas earlier than expected and they will be made in China. Buyers received notices that their cars may be delivered a month sooner than they thought; Chinese Model 3 vehicles feature new Lithium-iron batteries. Read more
Jewish immigrants share their journeys home to Israel. On Israel’s Independence Day, six immigrants from around the world shared what makes the country so special for them. Read more
