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.
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.
The Israel Land Authority (ILA) auction for the Israel Military Industries (IMI) lot on Hashalom Street in central Tel Aviv has been won by Acro Real Estate and Kata Group.
These orders reflect the growing global demand for IAI's long range loitering munition products and demonstrates IAI's capability in this market segment.
The underground mapping company heads this year's list of ten outstanding startups with technologies from metabolism monitoring to autonomous tractors.
Following its merger with Israeli company ironSource, Unity has 900 employees in Israel, according to LinkedIn, and the current round of layoffs – the third in the past year - will hit in Israel too.
Attorney General Gali Baharav-Miara says that if Mizrahi Tefahot Bank transferred Roman Abramovich's donation, it will be exposed to risk due to EU sanctions.
Israeli company Mapi could receive milestone payments from Viatris worth tens of millions of dollars, and royalties from sales, if the product ever reaches the market.