Nvidia continues Israel shopping spree with acquisition of Deci

Nvidia continues Israel shopping spree with acquisition of Deci. After completing the $700 million purchase of Run:ai, the chip giant is set to soon announce the acquisition of Israeli AI startup Deci.

Check Point registers higher than expected Q1 profit helped by growth of AI-powered security platform. The veteran Israeli cybersecurity company said revenue grew 6% to $599 million.

Mobileye first quarter revenue falls by almost 50% as clients cut back on spending to clear excess stock. The Israeli company said net loss widened to $218 million in the quarter from $79 million a year ago, weighed down by a slump in sales.

Microsoft explains how Generative AI impacts IP law and compliance. Yossi Shakui, Director of Digital Native at Microsoft, spoke to CTech at AIsrael 2024 to discuss the rights behind content created by artificial intelligence.

Opinion | AI transformation doesn’t stop at big financial institutions. "AI-based financial services represent a significant opportunity for Israeli startups whose full potential even artificial intelligence cannot yet imagine," writes Benjamin Avraham, CEO and founder of the AI-based fintech startup okoora.