Israeli co Factify raises $73m to make PDFs obsolete
In one of the biggest seed rounds ever completed, Factify aims to replace PDFs with intelligent records that allow AI to take charge of documents
Business & Innovation
Investment firm offers to buy 51% of Israeli med tech company at $18 per share
World has three years to prepare for quantum threat, experts warn at Cyberweek
‘Harvest now, decrypt later’: Why quantum encryption matters for Israel’s security
Mekorot to invest NIS 800 million in doubling water supply to Eilat
"This is enormous news that will drive growth across the entire region and surrounding communities," says Infrastructure and Energy Minister Eli Cohen
Israeli chip equipment stocks outperform on Wall Street
Expectations are high due to increased demand and the upcoming financial reports could signal the continuation of the trend in stocks
Cybersecurity startup developing rapid-response fraud detection secures $37 million Series A round
Memcyco is a company focused on digital risk protection and fraud management. It has a key differential by leveraging both defensive and offensive mechanisms to detect attacks.
Boeing, Technion move Israeli sustainable jet fuel project into implementation phase
Boeing and the Technion are moving their joint sustainable aviation fuel initiative from feasibility work into hands-on development of cost-competitive electrofuels.
Saudi Arabia says it has $2.5 trillion in ore deposits, rare earth elements reserves - report
Saudi Arabia claims its mining deposits could be valued at $2.5 trillion, with gold, copper, and Rare Earth Elements in its reserves, CNN and S&P Global reported.
Google's new AI system personalizes search results based on users' emails, photos
The new core function enables AI Mode to analyse content in Gmail and Google Photos to provide more accurate results when the user searches on Google.
Electric cars’ hidden magnetic fields raise new questions for regulators and drivers
As EVs spread worldwide and in Israel, experts urge transparency and mitigation over low-frequency electromagnetic exposure inside vehicles.
Israeli-founded Upwind hits unicorn status with $250 million Series B led by Bessemer
Upwind said the financing brought its total capital raised to $430 million in under three years.
US-Iran flare-up, cold stint push oil prices to multi-month peak
JPMorgan analysts estimated that winter storm Fern cut US oil production by roughly 250,000 barrels per day, disrupting flows from the Bakken and from fields in Oklahoma and Texas.
Yamim ha’Tzeira. Your home by the sea, in Netanya
Imagine a place where every day begins with a sea breeze and ends with a walk along the promenade at sunset.
