Hitech

In a significant legal development, the Supreme Court of France has ruled in favor of Israeli defense manufacturers, ordering the cancellation of a ban that had prohibited Israeli companies from participating in the ongoing Eurostory weapons exhibition in Paris. This decision comes after a contentious legal battle that involved multiple French courts and drew international attention

In the second quarter of 2024, Israeli start-ups witnessed a remarkable surge in capital raising, soaring to $2.9 billion, the highest since 2022. This trend continued into the first half of the year, totaling an impressive $4.7 billion in investments and exits combined, marking a significant increase from $2.7 billion in the same period last year

Lt. Col. Yossi Shariel, commander of Israel’s elite Unit 8200, announced his resignation today (Thursday) following the unit’s failure to foresee the October 7 attack. In a letter to unit members, Shariel expressed deep regret over the incident, stating, "At 06:29 on October 7, I did not fulfill the task as expected of me, by my subordinates, commanders, and the citizens of the country that I love so much

Israel Aerospace Industry officially opened its new Ofak factory for electronic production in Ofakim, following an investment of NIS 50 million. This inauguration comes just seven months after the company's Board of Directors approved the proposal by Chairman Amir Peretz

The Mossad and the United Arab Emirates (UAE) intelligence agencies have launched an investigation into the disappearance of Zvi Kogan, a Chabad emissary in Abu Dhabi. Kogan, an Israeli-Moldovan citizen, went missing on Wednesday, sparking fears that he may have been kidnapped or murdered by terrorist elements. Early assessments suggest that the incident could be linked to Iranian operatives in the UAE, with intelligence agencies working together to uncover what happened

Nvidia has officially completed its acquisition of Run:ai, an Israeli startup specializing in artificial intelligence (AI) software, after months of regulatory reviews. While the terms of the deal were not disclosed, it was initially valued at around $600 million, plus $100 million in retention bonuses for Run:ai employees. With the acquisition now finalized, 100 Run:ai employees will join Nvidia’s team, bolstering the company's ongoing expansion in Israel