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@calcalistech

A technology news site providing international readers with real-time, high-impact stories from the Israeli tech scene

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linkhttp://www.calcalistech.com calendar_today25-09-2017 13:48:48

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ā€œI expect miraclesā€: Gross hails Safe Superintelligence’s future as he joins Meta. Co-founder leaves the $32 billion startup while Meta gains a stake in his venture arm. calcalistech.com/ctechnews/arti…

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Nvidia doubles down on Israel with multi-billion dollar mega campus. Move sets stage for Nvidia to surpass Intel as Israel’s largest private employer, with thousands more hires planned. calcalistech.com/ctechnews/arti…

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Mapping Israeli quantum computing: $650M raised as global race intensifies. Alongside the nine core quantum computing startups in Israel, around 15 other local startups are developing related technologies in sensing, communication, and advanced materials. calcalistech.com/ctechnews/arti…

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Will China’s AI boom rewrite the global order? A new tech race pits practical Chinese models against Silicon Valley’s quest for superintelligence. calcalistech.com/ctechnews/arti…

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Luxembourg commits €300m to drive startup growth. Luxembourg steps up efforts to strengthen its startup ecosystem with a new €300 million investment and opens a new call for applications for its flagship acceleration programme, Fit 4 Start. calcalistech.com/ctechnews/arti…

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Why China, not Hollywood, is making flying cars a reality. Backed by aggressive regulation, fierce competition, and bold tech experiments, China’s low-altitude economy is leaving the West grounded. calcalistech.com/ctechnews/arti…

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How Facebook’s former CRO and Twitter’s top brass are betting big on Israel. Stanley Fischer’s son and his Silicon Valley partners at 01A are doubling down on Israel, funding seven startups so far and scouting dozens more. calcalistech.com/ctechnews/arti…

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Israel’s Weizmann Institute reels from Iranian attack, faces $300 million hole. Prof. Chen calls for emergency funding as 60% of foreign researchers evacuate and dozens of labs shut down. calcalistech.com/ctechnews/arti…

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The biggest financial risk for investors in the AI era, according to Arkin Digital Health Managing Director Nadav Shimoni joined CTech for its VC AI Survey to share insights about investing in healthcare companies in the era of artificial intelligence. calcalistech.com/ctechnews/arti…

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ā€œIn a world where AI is transforming every industry, healthcare cannot afford to be left behindā€ QLOG has raised almost $3 million to redefine Real-Time Location Systems (RTLS) in healthcare. calcalistech.com/ctechnews/arti…

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Nayax cuts 6% of workforce in first major layoffs despite revenue surge. The Israeli fintech trims 70 jobs despite $328M annual revenue and record profits. calcalistech.com/ctechnews/arti…

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Red Dot Capital closes $320M fund to back early-growth Israeli tech. Finout, Stigg, Oligo, and Bria AI are among the first bets of the new fund as the VC scales AUM to $750M. calcalistech.com/ctechnews/arti…

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Restore Medical secures $23M Series B to push forward novel heart failure therapy. The new funding will allow the Israeli startup to complete an ongoing feasibility study in Europe. calcalistech.com/ctechnews/arti…

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Why Nvidia’s new mega Israeli hub may eclipse Intel’s legacy. As the $4 trillion chipmaker expands, it relies on talent, not tax breaks, to outgrow old rivals. calcalistech.com/ctechnews/arti…

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Where will Nvidia build Israel’s largest tech park? Kishon, Matam, Nesher and more: The sites competing for the world’s hottest chipmaker. calcalistech.com/ctechnews/arti…

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ā€œNo one knows what’s going on between me and my ChatGPT.ā€ Dr. Ziv Ben-Zion explains how AI’s promise of cheap, constant companionship can quietly amplify delusions and depression. calcalistech.com/ctechnews/arti…

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Intel Israel begins latest round of layoffs, including Kiryat Gat factory for first time. Hundreds expected to lose jobs as chip giant extends cuts beyond R&D hubs in Haifa and Petah Tikva. calcalistech.com/ctechnews/arti…

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Intel offers up to 19 salaries to laid-off employees if they don’t fight firings. Workers who request a hearing risk losing special severance if they fail to convince management to reverse their dismissal. calcalistech.com/ctechnews/arti…

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.Decart pledges millions to Technion Israel in strategic AI push. Dr. Dean Leitersdorf, the company’s founder and CEO, is himself a graduate of the Technion’s excellence program,Ā which will now be renamed the Technion–Decart Excellence Program. calcalistech.com/ctechnews/arti…

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Security fears push IDF to restrict Chinese cars, then all EVs, from sensitive base. Base order reflects growing military worries over China-linked tech and connected vehicles. calcalistech.com/ctechnews/arti…