GMT is acquired by Western Union for NIS 200 million
The Ramat Hachayal–based fintech company, which employs approximately 100 workers, is being acquired by Western Union in a transaction valued at approximately NIS 200 million.
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Israeli supermarket chain made NIS 99m. from Gaza sales in one quarter
The list of companies that sell goods to the Gaza Strip is not publicly available but any approved business in the Gaza Strip that meets the criteria of COGAT is allowed to buy from Israeli suppliers
New AI tool allows users to chat with Jewish historical figures
Jewish Lives says the site is designed to “enrich reader exploration of the Jewish experience.” They’ve created lesson plans to help educators use Ask Jewish Lives in the classroom.
El Al signs codeshare deal with Latvian flag carrier airBaltic, expanding northern European network
El Al has signed a new codeshare agreement with airBaltic, expanding access to European destinations via Riga starting July 1.
Netzer Capital invests NIS 1m. in Golan Heights design company Collectie
The investment marks the fund’s second deal in northern Israel and is intended to help Collectie expand product development, sales, and brand awareness.
Chevron completes Tamar Optimization Project, boosting Israeli gas capacity
The project adds a third offshore gathering line and restores compressors at Ashdod, raising Tamar’s technical production capability to 1.6 billion cubic feet per day.
Israel to build new NIS 1.1 billion rehabilitation hospital in Tel Aviv
The Judisman Family Charitable Foundation will contribute NIS 200 million to the facility, which will include 540 inpatient beds, a hydrotherapy pool, green spaces, and a trauma clinic.
'Dollar-shekel exchange, more local production': Next Innovation Authority CEO has challenges ahead
While the current chief, Dror Bin, faced economic turbulence with the pandemic and the Hamas war, the next CEO will be in charge of guiding Israel to the age of AI, experts told the Post.
El Al to offer Starlink internet to passengers starting in 2027
According to Reuters, the service will be implemented at the beginning of the year and will be offered free of charge.
NewCore exits stealth with $66m. at $300m. valuation to secure AI-agent identity
The Tel Aviv and San Francisco startup says its platform governs human, machine, and AI-agent identities under one security-first architecture.
Fox jumps to streaming market, acquires Roku in $22 billion deal that will combine both companies
"The transaction combines FOX’s leading sports, news, and entertainment content and the Tubi service, with Roku’s leading connected TV platform," Fox Corporation said in a statement.
Bankers need to start viewing AI as a solution rather than a threat
If we approach AI as a connectivity solution rather than a workforce threat, we’ll modernize our infrastructure & strengthen the relationships that define our relevancy in a rapidly evolving industry
Elon Musk claims SpaceX will be making $1 trillion by 2030, following $2 trillion IPO valuation
While Musk projects the company will make $1 trillion over the next three to four years, analysts remain skeptical about the real returns SpaceX may be able to deliver.
First AI World Cup in history: What technology innovations are used during sports' biggest stage?
Almost every action on the pitch will generate digital data, from player positions, ball movement, contact points, refereeing decisions, crowd movement, and even broadcast output for viewers.
This Israeli startup is using AI to transform cinemas into more than just a place to watch movies
Aiming at younger generations and their need for socialization, Bigger Picture offers cinemas a platform to track their data and create better experiences.
