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Nvidia
'We could have built a great company to sell to Nvidia, but we’re building an app for a billion users'
Dean Leitersdorf, 23, from the renowned Leitersdorf family, earned three Technion degrees, while his partner, Moshe Shalev, 37, grew up ultra-Orthodox and served in Unit 8200; Together, they founded AI startup 'Decart,' now valued at $500M and praised by Elon Musk himself
Tal Shahaf
|
01.04.25
TikTok on steroids: ByteDance shaking up AI with sanctions workaround
Chinese firm plans to invest $7 billion in advanced Nvidia processors, circumventing US sanctions and potentially making it one of world's largest consumers of AI hardware
Daniela Ginzburg
|
01.01.25
Chasing Nvidia: Apple set to develop AI chip in Israel
Technology giant reportedly put development of new processors in favor of chip fit for cloud-based AI to compete with Nvidia; Company's Herzliya team to spearhead project
Raphael Kahan
|
12.12.24
Aiming to become leaner and more efficient, Intel continues massive lay-off wave
Intel Israel is notifying hundreds of employees about layoffs this week, joining a global reduction affecting more than 2,000 workers; Despite cuts, new hiring continues for essential roles, including projects like the $25 billion Kiryat Gat chip plant
Tal Shahaf
|
10.28.24
Biggest single day loss ever: Nvidia tumbles to the tune of $279 billion
Chipmaker's stock drop leads to record $279 billion market value loss, impacting tech sector and CEO's wealth amid DOJ investigation rumors and soaring but unsustainable revenue expectations
Calcalist
|
09.04.24
Nvidia in hot water: AI titan allegedly trains models with copyrighted material
Nvidia employees reportedly trained artificial intelligence models using videos harvested from YouTube, Netflix and other services; internal documents practice not mistake but policy dictated from highest levels of company
Raphael Kahan
|
08.10.24
How the world's richest companies lost $1 trillion on Monday
The world's biggest tech companies and business lost over a trillion dollars in 24 hours after global markets plummeted on Monday, so did their CEOS and shareholders; Here is the full breakdown
ynet correspondents
|
08.06.24
Nvidia surpasses Microsoft as world's largest publicly traded company
After riding the generative AI wave, the chip giant takes the lead from Microsoft by reaching a net worth of 3.3 trillion dollars
Calcalist
|
06.19.24
Nvidia’s new chip steers Musk from Tesla to pursue AI ambitions
In surprising move, chip giant's latest effort further solidifies AI chip market dominance at pace competitors struggle to keep up with, compelling even Musk to shift focus from Tesla to ensure chip supply for his new AI venture
Tal Shahaf
|
06.10.24
'I have enormous respect for Intel, but we’re at least a generation or two ahead of everyone else'
Valued at $2 trillion and ranked as world's 3rd-largest company, NVIDIA credits its acquisition of Israeli firm Mellanox for significantly boosting its growth; Israeli managers Amit Krig and Nati Amsterdam discuss impact of this strategic move
Israel Wullman
|
05.11.24
Nvidia confirms it will acquire Israeli AI firm Deci
Estimates value deal at $300 million after chip giant had already purchased the Israeli AI company Run:ai for $700 million in recent weeks
Meir Orbach/Calcalist
|
05.02.24
Nvidia acquires second Israeli AI firm in Deci, report
Computer chip giant goes all in on AI technology after acquiring new startup company along previous purchase of Run:ai announced earlier in the week; product improves accuracy and processing speed of algorithms driving AI applications
Meir Orbach/Calcalist
|
04.26.24
Nvidia set to acquire Israeli Run:ai
While official numbers still undisclosed, estimations say Nvidia is could pay $700 million to acquire the AI company providing software for managing workloads and orchestration based on Kubernetes
Meir Orbach
|
04.25.24
'We will continue to invest heavily in Israel': Nvidia chief reassures Israeli employees amid war
In a Q&A event in San Jose, Nvidia CEO Jensen Huang emphasized the close ties with his Israel-based employees as well as their importance; By the end of 2023, the company reported a 3.6-times increase in revenue compared to last year
Shay Salinas
|
03.22.24
Nvidia becomes the 'Taylor Swift of investors', Israelis profit too
Chip manufacturer showcases phenomenal results, adding an unprecedented $277 billion to its market value in a single day and propelling Wall Street to new heights; after acquiring Israeli Mellanox local staff profits from stock options
Yarden Rozanski
|
02.28.24
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