Amazon’s AWS to Use Israeli Made Habana Labs Chips
Jeff Bezos Amazon AWS Promo Pic Amazon has picked Israeli tech developed by Habana Labs to serve as the processors for its Amazon Web Services (AWS). The global Internet giant will use up to 8 of Haban’s Gaudi More...
Intel to open startup accelerator in Israel: “We will be the Harvard of Accelerators”
Intel announced today the establishment of acceleration center in Tel Aviv, called Ignite, to “accelerate startups in early stages, starting in Israel and then expanding to other countries.” The More...
Intel has offered to buy Israeli Mellanox for $6 billion, Report
After buying Mobileye for $ 15 billion and starting its $10 billion investment to set up a new plant in Kiryat Gat, Israel, Intel is preparing to buy its Israeli rival, Mellanox, for $5.5 – 6 billion, according More...
Intel, Mobileye, Volkswagen Team on self-driving taxi service in Israel in 2019
The Israeli computer vision firm owned by Intel, Mobileye and Volkswagen Group to launch a self-driving taxi service in Israel in early 2019, the companies announced the plan Monday. The companies intend to More...
Fiat Chrysler to Join BMW Group, Intel and Mobileye in Developing Autonomous Driving Platform
Fiat Chrysler Automobiles (FCA) will join BMW Group, Intel and Mobileye in developing an autonomous driving platform for global deployment. The groups on Wednesday, have signed a memorandum of understanding More...
Hebrew University Prof. To pay $850,000 for Intel-Mobileye insider Trading
Professor Ariel Dervasi of the Hebrew University of Jerusalem, Department of Genetics, agreed to pay $ 854,000 to settle the claims filed against him in the United States for the use of insider information More...
Porsche to invest ‘tens of millions’ in Israeli auto technology Startups
The German automaker Porsche, owned by Volkswagen, will invest tens of millions of euros in Israeli automotive technologies start-ups through the Magma and Grove Venture capital fund. Lutz Meschke, deputy More...
The Mobileye sale: The tax revenue from the sale will be paid in US dollars
Bank of Israel announced today that in view of agreements reached between the management of the Israel Tax Authority, the Department of the Accountant General and the Bank of Israel, it has been determined More...
The biggest ever exit in the history of Israeli industry: Intel buys Mobileye for over $15 Billion in Cash
Mobileye N.V., the Israeli vehicle safety and automation systems company, was acquired by Intel Corp. for $63.54 per share in cash – an equity value of about $15.3 billion and an enterprise value More...
Israel’s Replay Technologies Video Tech To Be Used in Super Bowl Broadcast
Israeli firm Replay Technologies developed the 360-degree imaging format which will be used by Fox Broadcasting to cover next month’s Super Bowl LI. Tom Brady, who on Sunday capped off a great season More...