U.S. chipmaker Nvidia will have to seek EU antitrust clearance for its proposed acquisition of Israeli AI startup Run:ai because it threatens competition in the markets where the companies operate, the European Commission said on Thursday. The… Article Source https://www.calcalistech.com/ctechnews/article/rk7fhg11bjg
Israeli chip unicorn NextSilicon has launched a new supercomputer chip, the Maverick-2, positioned as a direct competitor to Nvidia’s similar offerings. Currently, only a handful of companies operate in this field, and NextSilicon is a leading… Article Source https://www.calcalistech.com/ctechnews/article/bk5eooyz1g
Back in the day, this exit would have made big headlines: Israeli Yaron Singer sold the startup he founded, Robust Intelligence, to communications giant Cisco for $400 million, according to reports in the U.S. But in practice, this deal,… Article Source https://www.calcalistech.com/ctechnews/article/rjgsb5npa
Sela Software Labs recently announced that they have achieved Premier status in the AWS Partner Network (APN). This prestigious status is given to companies that have proven expertise in assisting customers with designing, building, migrating, and managing their workloads on AWS. Sela’s CEO, Ron Sprinzak, expressed pride in this achievement, highlighting their ability to consistently … Read more
Google has finalized a major deal to lease approximately 60,000 square meters in Tel Aviv’s ToHa2 Tower along with Gav Yam and Amot. This agreement includes several hundred parking spaces and lasts for a decade with an annual rent of NIS 115 million. The leasing will begin in early 2027 once the construction of ToHa2 … Read more
Moovit, a travel planning app acquired by Intel for $1 billion four years ago, is cutting around 10% of its workforce, resulting in 20-25 employees leaving the company. This move comes after the CEO transitioned for the first time in 13 years, with co-founder Nir Erez stepping down and being replaced by Nir Bezalel, who … Read more