Bank Leumi has been one of the pioneers of the AI revolution in Israel. I am proud that the significant efforts we are investing in AI are bearing fruit,” said Leumi’s CEO Hanan Friedman.
An interview with Sharon Shlomo, the CEO of The Israel Experience.
The trend is driven mainly by the sector's dominance of Software-as-a-Service (SaaS) projects, which export these services overseas and are highly dependent on foreign-currency income.
The MSCI All-World index was up 0.13% to trade around record highs, as markets from Tokyo to Seoul traded at or near all-time peaks, underpinned by avid demand for anything AI-related.
The opposition centers on a deal approved by ZIM shareholders at the end of April under which the company would be acquired for $4.2 billion, roughly $1 billion above its current market valuation.
Elon Musk praised Israel’s innovation, yet the Smart Mobility Summit’s focus kept returning to the hard problems of regulation, infrastructure, public trust, and moving on from the pilot stage.
According to Moshe Friedman, co-founder and CEO of Kama Tech, there are some 15,000 haredim currently employed in Israel’s hi-tech industries.
The entire technology industry is experiencing aggressive cuts, partly due to the changes brought about by AI.
High-tech 2026 looks completely different from what we knew just a few years ago. Fewer management layers, fewer large teams, and a great deal more automation.
DIPLOMATIC AFFAIRS: Ethiopia is looking to Israel’s Start-Up Nation model as it builds its own AI sector and strengthens technological cooperation.
A Blue Origin booster called "No, It's Necessary" - a nod to a line from the film Interstellar - was wrecked in the incident on Thursday, and the launch pad was "practically destroyed," experts said.
