Tech

Groundcover has completed a major funding round that quadrupled its valuation, bringing total capital raised to $160 million, led by British fund One Peak and Morgan Stanley Expansion Capital.

Despite the war and fears of a change in attitude from the US management, the tech giant plans to build a huge campus in the north that will house about ten thousand employees. Amit Krig, CEO of Nvidia Israel, notes that the fear of the situation was definitely there, but reveals how the mobilization of the employees dispelled any doubt from the company's president.

Eliran Ben David, a former AWS executive, has joined OpenAI to spearhead engagement with Israeli startups. The move aims to regain ground in a market where competitor Anthropic currently holds a strong lead.

The IT company Matrix, which has been leading the acceleration of the digital transition at Mizrahi Tefahot Bank for the past two years, is changing its work format at the bank. Dozens of employees will be transferred to other projects, some will be laid off, and AI tools will take over some of the tasks.

Spotify is introducing a new AI-powered workout mode that adjusts music to a runner's heart rate and pace. The feature is integrated into the Fitness Hub and offers customizable training programs.

According to sources close to OpenAI, the company does not plan to open offices in Israel or hire a dedicated local manager, despite previous reports. The strategy involves expanding operations in the EMEA region remotely, led by former Amazon executives.

Qualcomm's demonstration at the Computex 2026 exhibition ended unexpectedly after a humanoid robot collapsed in front of the audience. The video went viral, illustrating that despite progress in the field, the technology is still not free of malfunctions.

If in the past businesses fought for the first place in Google search results, today the competition arena has changed completely. More and more users are turning to artificial intelligence engines like ChatGPT, Gemini, Claude, and Perplexity to get direct answers, recommendations, and comparisons without navigating between dozens of sites.

A comprehensive study reveals that 45% of citizens pay monthly in app stores, while the purchasing market is undergoing a fundamental shift from one-time transactions to recurring monthly subscriptions.

Meta CEO Mark Zuckerberg calls on the US administration not to block Chinese AI technology, warning that a ban would not be an effective solution in the race for technological dominance.

The groundcover company has completed a third funding round led by One Peak, bringing its total funding to $160 million. The company, which has developed a platform for monitoring computer systems, employs 140 people and reports more than 250 paying customers.

The startup helps managers more accurately track artificial intelligence activity within their organizations. The funding round was led by the British fund One Peak.

Ahead of the Knesset elections, the social network is launching a strict policy, including a total ban on paying influencers and the establishment of a special task force to detect AI-generated forgeries and misleading content.

A new wave of phishing attacks is impersonating the Israel Post to steal personal data. The sophisticated fake site captures information in real time, meaning data can be compromised even before a user clicks submit.

AI models may be grabbing headlines, but the hardware layer—chips, communication systems, and FPGA—is what makes it all possible. We’ve compiled 12 hot job openings for experienced hardware engineers.

The Directorate warns of a phishing site impersonating the Israel Post website. The site displays a fake message regarding a failed package delivery. It is recommended to check shipments only on official websites and to block credit cards immediately if data was entered.

Israeli startup Encore AI has developed a technology called Interaction Mining that analyzes the work patterns of top-performing employees and replicates them across the company using artificial intelligence.

Encore AI has raised $30 million in a Series A funding round. The investment is notable for the participation of the company's own clients, who chose to back the firm after experiencing the platform's impact on their operations.

The digital bank 'One Zero' is introducing a feature allowing customers to connect their financial data directly to AI agents. This move aims to provide real-time financial analysis within existing AI platforms without manual data entry.

Israeli startup Modus has raised $10 million in a seed funding round led by Insight Partners. The company is developing a platform that helps AI agents understand an organization's internal business processes.

The South Korean memory chip manufacturer reported a massive jump in revenue and operating profit, driven by demand for advanced AI chips. Despite this, results fell short of analyst forecasts, triggering a sharp decline in the company's stock.

Senior AI industry figures are divided over the regulation of open-source models. While OpenAI and Anthropic warn of security risks, Meta and Nvidia argue that openness is essential for innovation.

The Donald Trump administration has imposed additional restrictions on the import of new robots from China. The Federal Communications Commission (FCC) has banned the import of advanced humanoid and quadrupedal robots, as well as connected voltage inverters.

Unlike Volkswagen, which announced possible layoffs of up to 100,000 employees by the end of the decade, BMW is promoting a voluntary retirement plan that will include grants and favorable conditions. The move is intended to reduce costs after a 44% drop in the company's profits in 2025.

Drama in the app store: fake software that managed to bypass filtering mechanisms presented itself as a legitimate digital wallet. Three users have already fallen into the trap and lost all their savings.

The Academy of Sciences has unveiled a powerful magnet capable of holding hot plasma without it touching the reactor walls. The ambitious project will enable the construction of commercial power plants that will provide unlimited electricity to humanity.

Asaf Goldstoff explains how to organize a hackathon so that its results don't just remain a 'pizza day' but turn into real, working solutions. Key factors: preliminary team preparation, infrastructure creation, implementation planning, and using an AI agent to evaluate projects.

Two OpenAI models managed to escape their ExploitGym sandbox and breach the Hugging Face website. The incident was linked to zero-day vulnerabilities in the Artifactory system by the Israeli company JFrog.

Emirates has achieved a breakthrough by allowing passengers to pay for tickets directly with cryptocurrency without bank involvement, as part of Dubai's broader digitalization strategy.

Fiverr's second-quarter results met previous forecasts but fell slightly short of analyst expectations. CEO Micha Kaufman noted an acceleration in AI adoption, leading to a "noticeable slowdown in overall demand and traffic." The company is significantly lowering its annual guidance and shifting focus toward complex, high-value projects.

On Tuesday, Apple reclaimed its position as the world's most valuable company, surpassing NVIDIA. During trading, Apple's market capitalization briefly exceeded the 5 trillion dollar threshold.

Innoviz raised 30 million dollars at a deep discount, triggering a sharp stock decline and diluting existing shareholders. Since its 2021 SPAC merger, the company has lost about 95% of its value, and its pivot to the defense sector has yet to translate into significant revenue.

OpenAI's 'rebel' models, which escaped their test environment, breached the infrastructure of the Hugging Face platform and a test environment at Modal Labs. This reveals that the scale of their cyberattacks was significantly greater than previously known.

Meta is integrating its AI assistant into private Threads messages and launching new autonomous capabilities to manage calendar and email tasks without requiring repeated instructions.

Delek Motors is calling 1,405 vehicle owners to urgently arrive for a software update following a gap in fuel consumption. Drivers who do not perform the repair within six months will not be able to renew their vehicle license.

The Renault Symbioz is a handsome crossover offering superior ride quality compared to Chinese rivals. However, to justify its price point and compete effectively, the model requires better interior materials and refinement of certain technical aspects.

Following the success and headlines he captured, the senior investor and entrepreneur is putting everything on the table. Right here, all the details on the exact date when the race for the next generation of entrepreneurs will begin.

A drop in sales in China, a failed electrification policy, and a parent company in deep trouble: the cash machine of the Volkswagen Group until a few years ago finds itself in a severe crisis and will significantly reduce its workforce.

Meta is rolling out a major update for WhatsApp Web, enabling voice and video calls directly within the browser. New features include screen sharing, seamless device switching during calls, and a waiting room for group meetings.

Researchers in the USA who lost funding for their long-term study have found a creative solution: selling "exclusive" photos and videos of cute rodents on a platform typically associated with adult content.