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Jan 16, 2025 | 
jpost.com | Assaf Gilead
Chinese tech giant Lenovo's first major Israeli acquisition targets profitable storage company Infinidat, marking its entry into Israel's tech ecosystem with plans for a local R&D center.
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Jan 16, 2025 | 
en.globes.co.il | Assaf Gilead
Chinese computer giant Lenovo is set to announce the acquisition of veteran Israeli enterprise storage startup Infinidat, which was founded by Moshe Yanai and among the senior managers is CPO Shahar Bar-Or.This will be Lenovo's first major acquisition in Israel and the Chinese company plans making it into its Israel development center, specializing in data management for large organizations.
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Jan 16, 2025 | 
en.globes.co.il | Assaf Gilead
The investment of over $500 million in a large new data center and labs reflects the US chip giant's growing prioritization of its Israel activities. Nvidia's announcement yesterday that it is building one of Israel's largest data centers in Mevo Carmel near Haifa at an investment of more than $500 million, which will also include its new labs, is the latest example of the US chip giant's deepening commitment to the country.
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Jan 15, 2025 | 
jpost.com | Assaf Gilead
Outgoing US President Joe Biden landed a severe blow on Israel when he included it in a new presidential order limiting the distribution of advanced graphics processors around the world, with the aim of preventing these processors getting into the hands of China and Russia, which are liable to turn them to military use. The chips form the basis of artificial intelligence applications and supercomputers.
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Jan 15, 2025 | 
en.globes.co.il | Assaf Gilead
Nvidia is constructing one of the largest server farms in Israel, close to the Elyakim Interchange near Yokne’am in the north of the country. The server farm will for the first time deploy Nvidia’s new Blackwell processors. Industry sources estimate the total investment in the project at over $500 million.
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Jan 14, 2025 | 
en.globes.co.il | Assaf Gilead
How will US graphics chips restrictions affect Israel? Teva exec reveals the AI tools pharma really wants Erik Prince believes in keeping things private, whether it's a military operation or your telephone. And he doesn't see why US taxpayers should fund Israel's defense.
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Jan 14, 2025 | 
en.globes.co.il | Assaf Gilead
"Globes" surveys the impact of the Biden administration's AI Diffusion Rule on Israel's vital technology sector. Outgoing US President Joe Biden landed a severe blow on Israel when he included it in a new presidential order limiting the distribution of advanced graphics processors around the world, with the aim of preventing these processors getting into the hands of China and Russia, which are liable to turn them to military use.
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Jan 13, 2025 | 
en.globes.co.il | Assaf Gilead
Outgoing US President Joe Biden has dealt a severe blow to Israel, by including it in a restrictive category for the export of advanced graphics processors, just a week before he leaves the White House. Under new regulations, Israel will be included in a category that is subject to restrictions on the export of processors produced by companies such as Nvidia, Intel, and AMD, despite the fact that some of these companies develop their processors in Israel.
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Jan 12, 2025 | 
en.globes.co.il | Intel Kiryat Gat |Assaf Gilead
In August 2021, even before its major rounds of layoffs, Intel announced that it was closing its RealSense 3D depth camera division based on its acquisition of several Israeli startups, and in which most of its employees were in Israel. Some employees were laid off but the activity was not shut down but kept on a back burner for several years.
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Jan 8, 2025 | 
en.globes.co.il | Avigdor Willenz |Assaf Gilead
Billionaire Avigdor Willenz's latest startup has adopted a strategy that has put it on a path to rival chip giants like Broadcom, Marvell and indirectly Nvidia. The new AI chip startup founded by Israeli serial entrepreneur and billionaire Avigdor Willenz is generating a storm in the tech industry with plans to compete with international chip giants and the way that employees are being hired.
