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Lightricks challenges AI giants with open-source text-to-video platform
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Full list of Israeli high-tech funding rounds in 2024
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TailorMed raises $40 million in equity and debt to help patients access critical medications
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Why Israeli tech companies are moving to Miami
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Intel
20 stories about Intel
Israel's "groundbreaking" cancer treatment and a new $35 million Seed round?
14.06.24
|
Elihay Vidal
Our AI-generated hosts talk through some of tech's biggest stories this week
"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
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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.
Intel pins AI comeback hopes on Israel-developed Lunar Lake chip
04.06.24
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Omer Kabir
"Lunar Lake is more efficient in artificial intelligence performance compared to what most of the competitors have today," Arik Gihon, the architect of Lunar Lake at Intel, told Calcalist. "It's able to perform more operations per second than any other processor (for laptops) today, including the Qualcomm processor. And it's completely Israeli."
Nvidia’s financial leap confirms accelerating AI industry
23.05.24
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Omer Kabir
Nvidia smashed revenue forecasts with a 262% jump to $26 billion. Net profit soared 628% to $14.88 billion. The company raised its forecasts and expects revenues of $28 billion in the next quarter
SVP Shlomit Weiss leaving Intel amid engineering reorganization
17.04.24
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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
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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.
China's three main goals in escalating chip war with US
26.03.24
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Omer Kabir
China is expanding the war to the software front, and has also begun to block the use of chips made by Intel and AMD in government computers. The move will allow China to enhance national security, harm the US economically and create strong local competitors for the American chip companies
Nir Erez stepping down as Moovit CEO after 13 years
07.03.24
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Sophie Shulman
Erez, who headed the company since its founding and through its $1 billion acquisition by Intel, will transition to the role of President and advisor to new CEO Nir Bezalel
Intel-Israel negotiations revealed: What did the chip giant demand for $25 billion investment?
21.01.24
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Shlomo Teitelbaum and Omer Kabir
Kfir Battat, Deputy Director of the Budget Department at Israel's Ministry of Finance, who led the talks with Intel, believes that even though the chip company did not make life easy for him and his colleagues, the final outcome is positive for both Israel and Intel
What's the real reason Mobileye's shares plummeted by 25%?
07.01.24
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Sophie Shulman
Was the dramatic drop in the stock of the autonomous vehicle technology company a transient setback or a precursor to graver issues?
Intel has sights on Nvidia with new GenAI spinoff
04.01.24
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Omer Kabir
The new company, Articul8, is being established in collaboration with the digital-focused asset manager DigitalBridge. Intel hopes that the move will help improve its position in the hottest market in tech, where it is lagging behind Nvidia - the first chip company to reach a trillion dollar valuation
With massive investment, Intel reaffirms confidence in Israel
27.12.23
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Omer Kabir
The chip giant approved the conditions for a huge investment in a new factory in Kiryat Gat and will receive an increased grant of $3.2 billion, or 12.8% of the total cost. Intel also committed to buy 60 billion shekels ($16.6 billion) worth of goods and services from Israeli suppliers over the next decade and the corporate tax it will pay will increase from 5% to 7.5%
Intel confirms additional $15 billion investment in Israeli chip plant
26.12.23
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Omer Kabir and Reuters
Israel's government agreed to give Intel a $3.2 billion grant for the new plant in Kiryat Gat, with the chipmaker also committed to buying over $16 billion worth of goods and services from Israeli suppliers over the next decade
Tower extremely optimistic regarding chip business, but needs to back up words with results
21.12.23
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Uri Tal-Tenne
In a presentation published with the third quarter reports, Tower revealed a long-term model of sales and profitability potential in which the company's revenues will jump to $2.66 billion, an increase of 87% compared to this year's expected revenues, and the operating profit will jump by 166% to $560 million
Lisa Cohen joins Intel Capital as Partner
20.11.23
|
Meir Orbach
Cohen’s previous roles included spearheading investments in Israel for Innogy, acquired by E.ON, and serving as Investment Director at Jerusalem Venture Partners
Intel will provide employees in Israel with up to $3,000 for personal expenses related to the war
27.10.23
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Meir Orbach
“We’re highly confident in the capabilities of our Intel Israel team to continue to perform despite the atrocities”, said Pat Gelsinger, Intel CEO
Intel pulls out of Web Summit after founder accused Israel of war crimes
19.10.23
|
Meir Orbach
Intel and Siemens have both announced they will not take part in the event due to Paddy Cosgrave’s remarks about Israel violating international law and committing war crimes in its war against Hamas
Global tech giants stand with Israel: Companies and funds offer support and donations
10.10.23
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Omer Kabir, Meir Orbach, Lital Samet
Foreign tech giants and venture capital funds have expressed solidarity with Israel following murderous Hamas attack
Tower and Intel sign $300 million foundry deal three weeks after cancellation of $5.4 billion merger
05.09.23
|
Reuters and CTech
The Israeli chipmaker will acquire and own equipment and other fixed assets to be installed at Intel’s New Mexico factory after receiving $375 million in compensation following the cancellation of the acquisition
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