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Salesforce acquires Israeli data company Own Company for $1.9 billion in cash. The company, previously known as OwnBackup, develops data protection and data management solutions. It was valued at $3.35 billion when it raised a $240 million Series E in 2021.
Salesforce acquires Israeli data company Own for $1.9 billion in cash | CTech
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Intel races against time to complete layoffs amid financial losses
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West Bank economy faces severe setback amid ongoing Gaza conflict. The restrictions imposed by Israel on the Palestinian Authority since the beginning of the war in Gaza have contributed to the growing economic distress in the PA.
West Bank economy faces severe setback amid ongoing Gaza conflict | CTech
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Ilya Sutskever: "Our first product will be the safe superintelligence." The former OpenAI chief scientist's new startup aims to create superintelligent systems that prioritize safety.
Ilya Sutskever: "Our first product will be the safe superintelligence." | CTech
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Sedric.ai raises $18.5M Series A for AI-based fintech compliance platform. The Israeli startup helps compliance officers with a holistic view of their customer touchpoints across multiple channels to flag deviations from their established compliance policies and guidelines.
Sedric raises $18.5M Series A for AI-based fintech compliance platform | CTech
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West Bank on the brink: economic woes spark fears of Intifada. Security forces brace for increased violence in the West Bank, driven by widespread unemployment and economic collapse in the Palestinian Authority.
West Bank on the brink: economic woes spark fears of Intifada | CTech
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New startup Jeen.ai aims to simplify AI adoption with customizable GenAI solutions. Spun off from One Technologies, Jeen.ai offers businesses a fast track to AI-driven success.
New startup Jeen.ai aims to simplify AI adoption with customizable GenAI solutions | CTech
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Generative AI reshapes software development with widespread adoption. Survey reveals 92% of engineers now rely on AI tools, signaling a major shift in the tech industry. Grove Ventures
Generative AI reshapes software development with widespread adoption | CTech
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Odeeo closes $5M funding round, opens US office. The Israeli startup’s in-game audio advertising platform enables brands and studios to use audio adverts along with visual elements in a game.
Odeeo closes $5M funding round, opens US office | CTech
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Mitsubishi Motors Corporation chooses Israel’s C2A Security for its cybersecurity management solution The deal was facilitated by consulting giant Accenture and chosen for its ability to address cybersecurity regulations faced by automotive manufacturers.
Mitsubishi Motors chooses Israel’s C2A Security for its cybersecurity management solution | CTech
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“The results speak for themselves. Israel will remain at the center of Intel's global efforts”
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