Oracle CEO Safra Catz: “We believe now is a very good time to be in Israel”

Oracle CEO Safra Catz: “We believe now is a very good time to be in Israel.” One of the most powerful people in global tech discussed why she is visiting Israel during the war, how she knows VCs will continue to invest in local tech, and the importance of Jewish unity and resilience.

Snyk acquires cyber startup Helios for several tens of millions of dollars to boost cloud-to-code risk visibility. The cyber unicorn will combine Helios’ full-stack runtime data collection and insights with its developer security platform with the aim of providing customers a comprehensive picture of all company applications.

Xyte raises $20 million Series A and lends $10 million from BlackRock to help OEMs manage their devices. The Israeli startup’s platform enables OEMs across different industries to cloudify, service, support, and commercialize their connected devices.

Nvidia SVP software: "Without Israeli entrepreneurship we would not have reached where we are as a company." Amit Krig, SVP software and NIC Product line at Nvidia and the head of its Israeli site, explained that the chip giant's commitment to Israel stems from the people: "Mellanox's systems sit deep within the infrastructure that makes ChatGPT possible."

AI21 CEO: "There may be a decrease in funding in tech, but AI is a funding bubble." Prof. Yoav Shoham, founder and co-CEO of AI21, who chairs the scientific committee of the National Program for Artificial Intelligence, believes Israel should be doing more to promote local AI development.