IT

The results were in line with the profit warning issued by the Israeli company at the start of the year.

Four entrepreneurs realized that enterprises find it hard to implement AI, and founded Qwak to provide an end-to-end solution.

The company reported non-GAAP earnings per share of $2.04, up 13% from the corresponding quarter of 2023 and revenue of $598.8 million, up 6% from the corresponding quarter.

Nvidia has struck a deal to acquire Deci AI, which has developed technology to compress generative AI language models, "The Information" reports.

If the US Department of Justice takes aim at AI, how can companies ensure benefits while mitigating risks with regulation and enforcement, and what can we learn from recent cases?

"Globes" looks at Rad Group, whose founders Yehuda and Zohar Zisapel, both died over the past year, and which must now move on without two of the founding fathers of Israeli high-tech.

No financial details about the acquisition have been disclosed but estimates are that Nvidia is paying $680-$720 million for the Tel Aviv-based company.

Exodigo's technology doesn't come cheap, but not knowing what's under the surface can cost an infrastructure or mining company a great deal more.

In an exclusive interview, Nvidia CTO Michael Kagan tells "Globes" about life at the AI chip company, after 25 years at Mellanox.

The Tel Aviv based company had revenue of $78 million in 2023 and a net loss of $79.3 million.

"TechCrunch" reports that Wiz would pay just $150-200 million for Lacework, which was given a valuation of $8.3 billion, post-money in its last financing round.

Prof. Matias will head Google Research, reporting to Senior Vice President of Technology and Society James Manyika.

The company has told "Reuters" that it has secured orders for 46 million of its EyeQ6 Lite assisted-driving chips over the next few years to make new vehicles safer and easier to drive.

Google's Frank, Intel's Daniel Benatar, and Nvidia's Amit Krig appeared together on a "Globes" panel to discuss the future of chip production, Israel's standing in AI, and what matters to their employees.

Israeli company Mentee Robotics expects the first robots, which can perform household chores and warehouse tasks, to come off the serial production line in the first quarter of 2025.

Silk Security has developed a platform that allows data security managers to identify a range of vulnerabilities and repair them.

Tel Aviv-based Entitle has developed a privilege management solution that discovers, manages, and automates just-in-time (JIT) access and identity governance.

In his first interview since announcing he is to step down as Check Point CEO, Shwed spoke about his future plans and 30 years at the helm of the Israeli cybersecurity giant.

The financing round was completed at a company valuation of $180-200 million, half of the $400 million valuation given to Snappy when it raised $70 million in 2021.

The reported $500  million acquisition price is below Noname Security's valuation in its last fund raising round.

Wiz has confirmed the $350 million acquisition of Gem Security, in which Team8 was one of the main investors.

Active in over 80 countries, Tel Aviv-based Guesty has developed a comprehensive and easy-to-use platform for the short-term rental property management market.

The company has completed the financing round at a company valuation of $1.4 billion.

The Israeli company has cut its annual guidance due to a drop in income from search advertising because of changes in pricing made by Microsoft's Bing search engine.

According to Reuters, the company, which has a $1.8 billion market cap, has hired William Blair to find a buyer.

Residents reported disruptions with GPS-based navigation apps like Waze, Moovit and Google Maps, telling users they were in Beirut, likely due to IDF jamming actions.

Hailo also announced the introduction of its innovative Hailo-10 high-performance generative AI (GenAI) accelerators.

Wiz co-founder Yinon Costica talks about his team’s journey to $350 million annual revenue that started on a bus to the IDF Recruitment Office.

Tower Semiconductor CEO Russell Ellwanger sees the company almost doubling its revenue in five years, and is still inspired by helping people reach their potential.

The Tel Aviv-based company targets the SME market such as retail chains, law firms, garages and clinics that are seeking a single package with all types of cybersecurity protection.