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24/7
Headlines
13:43
Full list of Israeli high-tech layoffs in 2025
13:38
Hydrogen startup Electriq Global collapses under nearly $30M in debt, despite raising $25M
11:26
PwC integrates altshare’s algorithm to streamline startup valuations
14:27
Nice beats Q4 estimates but shares plunge on weak 2025 outlook
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1
Insight Partners hit by cyber attack with possible data leaks
2
CyberArk’s surge, Wiz and Cato prepare for IPOs: Israeli cyber firms ready for the next big move
3
How Intel ruined an Israeli startup it bought for $2B—and lost the AI race
4
Riskified cuts staff as struggles continue
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Techtonic to invest over $140 million to build one of Israel's largest data centers
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Chips
20 stories about Chips
Intel races against time to complete layoffs amid financial losses
05.09.24
|
CTech
Failed Broadcom chip test threatens foundry plan as Intel looks to 2027.
How China's AI companies are outmaneuvering US chip sanctions
02.09.24
|
Omer Kabir
From efficient code to edge models, new strategies redefine the AI race.
Intel ends car leasing program in latest cost-cut
01.09.24
|
Meir Orbach
The chip giant’s Israel management is aiming to save around $3.3 million by axing leasing as part of a broader layoff prevention strategy.
Intel CEO Pat Gelsinger: "We see the finish line in sight"
30.08.24
|
CTech
"We respect some of the skepticism we've received from the market, but we believe we're up for the challenge," he added, despite the company's stock falling 59% this year and the significant cutbacks announced earlier this month.
Intel's layoff plan enters new phase after voluntary retirement program closes
28.08.24
|
Meir Orbach
With initial retirements complete, Intel focuses on additional layoffs and operational scaling.
Intel’s AI struggles and bureaucratic culture led to key board member’s abrupt exit
27.08.24
|
Reuters
Lip-Bu Tan’s departure highlights internal conflicts and strategic misalignments at the faltering chip maker.
Chip company Inuitive laying off 20% of workforce as CEO retires
15.08.24
|
Meir Orbach
Inuitive, which focuses on 3D imaging, has raised approximately $200 million to date.
Intel laying off more than 15% of workforce, cutting costs by $10 billion
02.08.24
|
Omer Kabir
The chip giant said it will part ways with around 15,000 employees globally by the end of the year after registering a loss of $1.6 billion in the second quarter of 2024.
Intel’s mass layoffs: A desperate move that might not be enough
01.08.24
|
Omer Kabir
Cutting thousands of jobs may offer temporary relief, but Intel’s long-term outlook remains shaky.
Intel to layoff thousands of employees in latest round of cutbacks
31.07.24
|
Omer Kabir
According to a Bloomberg report, the chip company could present the plan as early as this week.
The Israeli startup developing processors that perform AI tasks 1,000 times faster than Nvidia
04.07.24
|
CTech
CogniFiber is developing DeepLight processors that utilize multi-core optical fibers to process data at the speed of light as it travels through the fiber, aiming to increase processing speeds up to 1,000 times during AI inference while using only about 1% of the energy
“Intel is the only Western company that manufactures silicon chips with the most advanced technology and this is an opportunity”
27.06.24
|
Shaked Green
Karin Eibschitz Segal, VP at Intel, added that “Intel's uniqueness in AI is that it is one of the only companies in the world that has a full portfolio—meaning the ability to develop end-to-end solutions."
Hailo appoints Yaron Garmazi as CFO and COO
17.06.24
|
CTech
“We are facing great challenges and opportunities, and Yaron's experienced hand in the fields of finance and management will be a critical element in our success,” said CEO and co-founder Orr Danon
"Intel can no longer afford to build a production line without knowing in advance who its customers will be"
13.06.24
|
Sophie Shulman
The freeze on construction at the Kiryat Gat Intel plant is a severe blow to Israel, potentially creating ripples throughout the industry. This situation arises from internal troubles within the faltering company, which is hesitant to open a new plant without having customers, especially since subsidies abroad are much higher.
Intel halts construction of new $25 billion factory in Israel
10.06.24
|
Sophie Shulman
Intel's suppliers received notice of the cancellation of contracts for the supply of equipment and materials required for the establishment of the company's new factory over recent days. The Ministry of Finance was aware of the company's decision to halt the establishment of the plant.
Three kilometers from Gaza: Israeli startup poised to lead AI chip cooling revolution
30.05.24
|
Diana Bahur-Nir
In the industrial area of Sderot, in a building that was attacked on October 7, ZutaCore is developing "low-tech" to save high-tech: a direct-to-chip, waterless, dielectric liquid cooling solution
SVP Shlomit Weiss leaving Intel amid engineering reorganization
17.04.24
|
Omer Kabir
Weiss returned to Intel three years ago to serve as senior vice president and co-general manager of its Design Engineering Group. Intel confirmed her departure but asserted that Weiss' retirement was unrelated to an ongoing engineering reorganization process
The price of failure: Dutch company's chip monopoly born from a bad bet by Intel
15.04.24
|
Omer Kabir
China or the US, who holds the real power in the global chip industry? Behind the investments in manufacturing giants such as Intel and TSMC is an assumption that whoever controls chip production has the power to direct the future of the global economy. But the real power may not be in the hands of the chip manufacturers themselves, but rather ASML, the company that owns the technology to manufacture the expensive machines that are used to manufacture the chips.
AI chip unicorn Hailo raises another $120 million to bring GenAI to edge devices
02.04.24
|
Meir Orbach
The Israeli startup, which took its total funding to $340 million, also announced the Hailo-10, its newest AI accelerator specifically designed to process LLMs at low power consumption for the personal computer and automotive industries
Legendary Israeli investor strikes gold again with Astera Labs
27.03.24
|
Sophie Shulman
Chip company Astera Labs, in which Israeli entrepreneur Avigdor Willenz is a founding investor, has surged since its IPO last week. This exit joins Willenz's string of successes in the world of chips, which began with the sale of Galileo to American company Marvell for $2.7 billion in 2000 and continued with the sale of Annapurna to Amazon for $360 million in 2015 and the sale of Habana Labs to Intel for $2 billion in 2019.
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