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Check Point beats analysts with strong Q1 results

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.

Globes - Israel's Business Arena
25 Apr 2024

Nvidia to buy Israeli deep learning co Deci AI - report

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

Globes - Israel's Business Arena
25 Apr 2024

SolarEdge share price hits five-year low

The Israeli company's share price fell earlier this week after its US rival Enphase published its financial results showing a slower than expected recovery in the industry.

Globes - Israel's Business Arena
25 Apr 2024

Delek unit Ithaca buys Eni's UK assets

Eni will receive a 37.3% stake in Ithaca, in a stock deal for its North Sea oil and gas assets, while Delek will reduce its stake from 90% to 52.7%.

Globes - Israel's Business Arena
25 Apr 2024

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?

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 - Israel's Business Arena
24 Apr 2024

Can Rad Group survive in post Yehuda and Zohar Zisapel era?

"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.

Globes - Israel's Business Arena
24 Apr 2024

Nvidia acquires Israeli AI infrastructure co Run:ai

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.

Globes - Israel's Business Arena
24 Apr 2024

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.

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.

Globes - Israel's Business Arena
24 Apr 2024

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

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

Globes - Israel's Business Arena
24 Apr 2024

US Senate passes Israel, Ukraine, Taiwan aid package

Having passed the House of Representatives on Saturday, the bill now goes to President Biden for signature.

Globes - Israel's Business Arena
24 Apr 2024

This year's crop includes technologies from underground mapping to metabolism monitoring to autonomous tractors, and of course features plenty of AI.

This year's crop includes technologies from underground mapping to metabolism monitoring to autonomous tractors, and of course features plenty of AI.

Globes - Israel's Business Arena
22 Apr 2024

Israeli smart glass co Gauzy files for Nasdaq IPO

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

Globes - Israel's Business Arena
22 Apr 2024

Gov't decides not to decide on Reindeer power plant

The planned expansion of the OPC power station in Hadera has been cancelled.

Globes - Israel's Business Arena
22 Apr 2024

US House approves special aid for Israel

The $26.4 billion for Israel is part of a $95 billion package that also includes military aid for Ukraine and Taiwan.

Globes - Israel's Business Arena
22 Apr 2024

Wiz signs letter of intent to buy Lacework - report

"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.

Globes - Israel's Business Arena
19 Apr 2024

S&P cuts Israel's credit rating

Stressing that the war is continuing longer than expected, the ratings agency has also cut Israel's credit outlook from 'stable' to 'negative.'

Globes - Israel's Business Arena
19 Apr 2024

Google Israel R&D head Yossi Matias moving to global role

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

Globes - Israel's Business Arena
19 Apr 2024

Leumit and Meuhedet awarded new Beersheva hospital

Beersheva's second hospital will be operated by Sheba Medical Center, and is due to open by 2028.

Globes - Israel's Business Arena
19 Apr 2024

El Al chair Amikam Ben Zvi questioned in Netivot graft affair

Police have also questioned Netivot mayor Yehiel Zohar in the affair involving real estate projects in the city. Ben Zvi's lawyer: His conduct will be found to have been irreproachable.

Globes - Israel's Business Arena
19 Apr 2024

Cabinet approves budget cut despite Smotrich's opposition

In an unprecedented move the Cabinet in its final meeting before the Passover holiday today approved a flat budget cut in all ministries despite resolute opposition by the Minister of Finance.

Globes - Israel's Business Arena
18 Apr 2024

Israeli digital casting co Magnus Metal raises $74m

The company provides an Industry 4.0 based fully automatic manufacturing solution that makes the process faster, safer, and, environmentally friendly while both improving quality and reducing cost.

Globes - Israel's Business Arena
18 Apr 2024

H&O Kids opens first of 20 stores in Israel

H&O invested NIS 500,000 in opening the 110 square meter store in the Azrieli mall in Modi'in.

Globes - Israel's Business Arena
18 Apr 2024

Mobileye receives 46m orders for new EyeQ6 chip

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.

Globes - Israel's Business Arena
18 Apr 2024

"Globes" most promising startup of 2024: Exodigo

The underground mapping company heads this year's list of ten outstanding startups with technologies from metabolism monitoring to autonomous tractors.

Globes - Israel's Business Arena
18 Apr 2024

Thirdeye delivers first Ghost Soldier system

The Ghost Soldier system is designed to assist ground forces in monitoring and discovering the enemy during warfare in open terrain.

Globes - Israel's Business Arena
18 Apr 2024
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