Business & Finance
Upriver founders
Upriver raises $14 million to automate enterprise data engineering for AI
Hetz Ventures and Valley Capital Partners lead seed round for platform that automates data engineering work blamed for stalling AI projects before production
ynet Global | 12:39 | 06.11.26
אילון מאסק, SpaceX
Israeli investors join SpaceX IPO as Starlink and Starship drive strong long-term growth potential
Israeli investors view SpaceX as a unique company with profitable Starlink, future Starship growth and AI ventures; structural advantages and Elon Musk’s track record support long-term potential despite IPO pricing challenges
Almog Ezer/Calcalist | 11:06 | 06.11.26
HKD Supper Club
Who owns the 'King David' brand? Israeli hotel chain sues Houston boutique over name
The Israeli chain has filed a lawsuit against a Houston hotel operator, claiming that it is using the name 'King David Hotel' without permission; US court will determine who the real owner of the brand is, and what this means for the Jerusalem hotel
Daniel Edelson, New York | 10:29 | 06.11.26
מוצרי טיפוח שיער של Redefine
Israeli hair care brand REDEFINE to launch in Costco Canada
REDEFINE will sell its Israeli-made keratin shampoo and conditioner set in 110 Costco Canada stores, offering exporters a rare win amid global pushback over Israeli products
Meirav Crystal | 09:35 | 06.11.26
עובדי אריון
Aryon lands major funding round with star-studded investor list
Aryon Security, an Israeli cloud cybersecurity startup founded by former IDF cyber unit veterans, raised $25M in a Series A round; Investors include Ehud Barak, Assi Cohen and Omer Adam, bringing the company's total funding to $38M
ynet | 02:15 | 06.11.26
Photo (left to right): Assaf Henkin, CEO; Erik Shani, CPO; Adi Elimelech, CTO
Jedify raises $24 million in Series A funding to expand enterprise AI platform
Norwest leads funding round, with Snowflake Ventures joining as a strategic investor, as Jedify seeks to help companies give AI agents the business context needed to move from pilot projects to production
ynet Global | 22:04 | 06.10.26
Teva Tech plant in Ramat Hovav
Pharma giant Teva to cut 250 jobs at Israel plant
Layoffs at Teva Tech in Ramat Hovav are part of a global restructuring of TAPI, Teva’s active pharmaceutical ingredients unit, as the company weighs a possible sale
Navit Zomer | 20:41 | 06.10.26
Startup
Israeli tech sees bigger funding rounds, fewer deals amid AI and cybersecurity boom
Israeli startups raised $8.6B in first half of 2026, up 45% year over year, as investors concentrate larger sums in fewer companies, report finds; funding became increasingly selective amid ongoing security and economic uncertainty
ynet Global | 18:22 | 06.10.26
Pi CPO Yoni Ramon and CEO Guy Arazi
Pi raises $35M to scale security as fast as code
San Francisco startup says its agentic AI platform can cut vulnerability triage time by up to 80% as companies race to secure AI-written code
ynet Global | 17:34 | 06.10.26
Cyera Founders - Yotam, Tamar, Yoni
Cyera secures $600 million to close the gap between AI ambition and trusted transformation
The enterprise AI security company Cyera secures $600 million in funding to expand its trust platform, now used by Fortune 1000 companies, after shipping over 100 product capabilities and completing five acquisitions in 18 months
ynet Global | 14:56 | 06.10.26
Composure, not impulsiveness
Composure, not impulse: how investors should manage their money in volatile times
Israel’s capital market often reacts to security crises, prompting investors to move money quickly; in many cases, however, panic-driven decisions can damage long-term returns and cause savers to miss the recovery that often follows
Maor Eliassi | 14:17 | 06.10.26
בארון טראמפ
Barron Trump faces criticism over $39 pineapple-coconut drink
Barron Trump launched SOLLOS, a new energy drink brand with natural ingredients; a 12-pack costs $39, alongside lifestyle items up to $95, sparking social media backlash and criticism over pricing and political tensions
News Agencies | 14:13 | 06.10.26
אנתרופיק, ספייס X ו-OpenAI
SpaceX, Anthropic and OpenAI head for IPOs in Wall Street’s biggest AI test yet | Explainer
Companies behind ChatGPT, Claude, Starlink and Elon Musk’s space ambitions are moving toward public listings with valuations that could cross the trillion-dollar mark, testing whether investors believe the AI boom can justify its historic price tag
ynet | 08:49 | 06.10.26
אילון מאסק
Elon Musk nears $1 trillion as SpaceX IPO fuels Wall Street frenzy and concern
SpaceX’s planned public offering could make Musk the first person to cross $1 trillion in personal wealth, giving him a fortune larger than many national economies and raising new questions over private power without public oversight
Tzippy Shmilovitz | 07:34 | 06.09.26
pointfive
PointFive raises $60 million to cut enterprise cloud and AI infrastructure costs
PointFive says the funding follows sixfold ARR growth and will support U.S. expansion, new AI cost tools and deeper coverage across enterprise cloud workloads
ynet Global | 05:31 | 06.09.26
מייסד ומנכ"ל OpenAI סם אלטמן
OpenAI files confidential paperwork for possible IPO as AI rivals race toward Wall Street debuts
ChatGPT maker says no timing has been set, but Sam Altman has called an IPO the most likely path as the company seeks vast capital, restructures its business and faces fierce competition from Anthropic and SpaceX
AP | 02:22 | 06.09.26
Yossi Torati, Omer Gull, Yuval Itzchakov
A Security raises $37M to hunt attack paths before AI-enabled hackers can exploit them
Founded by Israeli cyber veterans, A Security emerges from stealth with backing from Lightspeed and Cyberstarts, saying its autonomous platform finds and fixes real exploit paths before AI-enabled attackers can chain them into breaches
ynet Global | 22:36 | 06.08.26
המטה הנוכחי של וויקס.קום בנמל תל אביב
Wix cuts 2026 outlook less than two weeks after laying off 20% of workforce
Israeli website builder lowers bookings and revenue forecasts after warning of weakness in its partners business, which accounts for 38% of revenue; shares fell sharply in premarket trading as AI disruption fears continue to weigh on the company
Yarden Rozanski‏ | 19:53 | 06.08.26
Google, Nvidia and Intel
Google, Nvidia eye Intel as backup chipmaker, report says
Alphabet's Google has ordered more than three million tensor processing units from Intel for 2028; Nvidia is also evaluating Intel technology for future chips, in a potential boost to the US chipmaker's turnaround efforts
Dennis Bihler | 16:58 | 06.08.26
רגע התקיפה של ספינת המשא Eternity C
How the Houthi naval blockade will affect Israel’s economy and global trade
The renewed threat comes as Hormuz remains closed, shipping routes have shifted around Africa and Eilat port is already near collapse, leaving global energy and trade exposed if attacks resume
ynet | 15:46 | 06.08.26
ירידות בבורסה בתל אביב
Tel Aviv stocks slide as Iran fighting resumes
TA-35 and TA-125 fall after missile fire and Wall Street tech losses, though early drops ease as analysts urge perspective after US rally
Gad Lior | 11:01 | 06.08.26
דולר אירו
Iran-Israel fighting rattles shekel, lifts oil
Dollar jumps to 2.96 shekels and oil rises 3% as renewed conflagration fuels market volatility after rare Bank of Israel forex intervention
Gad Lior | 08:21 | 06.08.26
בנק ישראל
Bank of Israel intervenes in forex for first time since pandemic
Official says central bank bought $801 million in May to counter irregular forex activity, not steer the shekel, as brokers report another possible intervention
Gad Lior | 14:56 | 06.07.26
Bags filled with recyclable materials at a garbage dumping site on World Environment Day in Guwahati, India
UAE textile waste push tests whether circular fashion can move beyond good intentions
Naseej brings national attention to the UAE’s textile waste problem, but experts say lasting change will depend on collection points, recycling capacity, consumer habits, and the economics of reuse
Giorgia Valente / The Media Line | 09:16 | 06.07.26
חוות שרתים
Israel’s new gold rush: data centers become the hottest real estate play of the AI age
As AI demand turns server farms into prized infrastructure, Israeli real estate firms, energy companies and celebrity investors are pouring billions into data centers, even as power needs, environmental risks and security threats grow
Tal Shahaf | 19:09 | 06.05.26
The Offroad team
Offroad emerges from stealth with $7M to automate identity security with AI agents
New York- and Tel Aviv-based startup emerges from stealth with seed funding led by Ibex Investors and Skywell Capital, saying its platform investigates and resolves identity risks across human users, non-human identities and AI agents
ynet Global | 12:13 | 06.05.26
The average high-tech salary in Israel reached an all-time high in March
Average high-tech salary in Israel hits record $13,310 in March
High-tech pay rose 9.3% from February and 4.3% from last March, boosted by annual bonuses, while the average wage across the economy rose 4% year-on-year to about $4,986
Shahar Ilan | 21:24 | 06.04.26
שקל דולר ואירו
Dollar rebounds as shekel rally loses steam
US currency climbs to about 2.89 shekels after the Bank of Israel governor signaled a possible rate cut, with Hezbollah fighting and Tel Aviv stock losses adding pressure
Sharon Kidon | 13:32 | 06.04.26
The Tel Aviv Stock Exchange
Tel Aviv stocks lose steam as investors question rally behind TA-125 gains
Analysts point to stretched valuations, security concerns and a wave of share offerings, while the TA-125 remains up 16.4% this year despite losing 3.7% in early June
Almog Azar, Calcalist | 10:05 | 06.04.26
וול סטריט
AI giants race toward IPOs at trillion-dollar valuations amid bubble fears
Companies including SpaceX, Anthropic and OpenAI are seeking fresh capital as AI development costs soar, with some losing billions while public giants like Google, Meta and Microsoft expand their own AI bets
Associated Press | 07:55 | 06.04.26
דולרים ושקלים
'Not a single dollar left': demand for foreign currency soars after Bank of Israel rate-cut signal
Currency exchange operators report a surge in Israelis buying foreign currency, driven first by favorable exchange rates ahead of summer travel and more recently by central bank chief’s signal another interest rate cut may be near
Gad Lior | 15:47 | 06.03.26
Shifters technology
Shifters raises $10.2 million to put AI-powered robots on the front lines
Ace Capital Partners-led Seed round brings company’s total funding to $15 million and will support AI development, manufacturing preparations and expansion in the US, Europe and the Middle East
ynet Global | 14:43 | 06.03.26
Leumi
Bank Leumi tops AI adoption in Israel, ranks among MEA’s top 10 banks
Leumi recognized for innovation and efficiency in Evident AI Index, leading Israeli banks in AI-driven transformation and customer-focused tools
ynet Global | 09:17 | 06.03.26
זוהראן ממדאני, מוצרי אקו לאב
Israeli shampoo brand becomes an unlikely target in Brooklyn co-op’s growing Israel boycott
After Park Slope Food Coop voted to remove Israeli-made goods, ECO LOVE owner Sharona Romano-Lazar says one of her strongest New York retailers has stopped buying from her distributor and fears the move could spread to other stores and chains
Anat Lev Adler | 07:33 | 06.03.26
אלון מאסק ושיגור של ספייס X
SpaceX plans record $75 billion IPO at $135 per share, source says
The offering would value Musk’s company at $1.75 trillion, with up to 30% of shares earmarked for retail investors; proceeds are expected to fund AI computing expansion and Starlink growth, while Musk must hold his shares for at least a year
Reuters | 04:38 | 06.03.26
בינה מלאכותית
Crisis or opportunity? What the 2026 technology job market is really telling us
Israel’s tech job market is reshaping, not shrinking, as AI, data and global hiring redefine demand, salaries and the skills workers need to compete in one of the sector’s biggest shifts in a decade
Sarit Assulin | 23:56 | 06.02.26
משרדי חברת בוש בגרמניה
Bosch shuts down Israel AI research centers as part of global restructuring
German tech giant to close Tel Aviv and Haifa sites by end-June, saying the move is strategic and not political
Israel Wullman | 22:31 | 06.02.26
Cyera founders
Cyera raises $300 million at $12B valuation in latest mega-round
Israeli cybersecurity startup’s AI-driven data security platform fuels one of the country’s fastest valuation climbs
Meir Orbach, Calcalist | 21:24 | 06.02.26
Tax Authority Director Shay Aharonovich
Tax Authority to use AI to review all tax reports, chief says
Tax chief says agency will shift from scanning 4% of filings to 100%, using artificial intelligence to boost enforcement and revenue without new taxes on the middle class
Shlomo Teitelbaum/Calcalist | 19:09 | 06.02.26
ויקטוריה סיקרט
Victoria’s Secret bet on sexy again, and Wall Street sent its shares soaring 50%
Victoria’s Secret raised its annual outlook after stronger sales across its brands, sending shares sharply higher as its return to a sexier image begins to pay off
Reuters | 18:10 | 06.02.26
Gal Rimon, founder and CEO of Centrical
Centrical raises $39M to expand AI frontline performance platform
The Series D round, led by Leeds Illuminate and Kingfisher Investment, will support Centrical’s global growth and AI tools for coaching, training and managing frontline workers
ynet Global | 15:04 | 06.02.26
חבילות מחו"ל
That package you ordered from abroad just got more expensive: VAT exemption back to $75
The Knesset cancelled the $130 VAT exemption last night, bringing Israel’s $75 limit back; Overseas packages above that amount will now face 18% VAT at customs.
Gad Lior | 11:24 | 06.02.26
סנברג
Jewish fintech entrepreneur who defrauded celebrities, NBA team gets 14-year prison sentence
Joseph Sanberg, who for years portrayed himself as a philanthropist and social activist, has been convicted of massive fraud totaling $248M and received significant sentence for white-collar crimes; among those he defrauded were Leonardo DiCaprio, Robert Downey Jr., and Drake
Daniel Edelson, New York | 10:32 | 06.02.26
זוהר הלחמי, אסף מונסה ויניב בנבנישתי
Motorola Solutions acquires Israeli drone defense startup D-Fend for $1.5 billion
Israeli counter-drone startup’s RF-based technology lets security agencies seize and land hostile drones, delivering a major payday for founders and investors as global demand for drone defense surges
Sophie Shulman, Calcalist | 03:22 | 06.02.26
קלוד
Anthropic files confidentially for IPO, setting stage for landmark AI stock market debut
Anthropic, the AI company behind Claude, has confidentially filed for an IPO after reaching a $900 billion valuation, positioning itself among the most closely watched potential public offerings in the technology sector
News Agencies | 19:22 | 06.01.26
From right, Ambassador of Japan, Arai Yusuke; Ambassador of Singapore, Ian Mak; Karin Mayer Rubinstein, CEO and President of the Israel Advanced Technology Industries Association (IATI); Ambassador of South Korea, Park Inho
Israeli tech leaders meet ambassadors, diplomats to strengthen global investment link
IATI’s first diplomat-investor forum brought Israeli venture capital leaders and foreign envoys together to strengthen global ties and investor confidence in Israeli tech
ynet Global | 17:32 | 06.01.26
משמאל למעלה, בכיוון השעון: מטא, מיקרוסופט, וויקס, סנטינל וואן
The AI layoff tsunami: Israeli tech races to survive, workers pay the price
Tech giants say AI has made parts of their workforce unnecessary, but the deeper story is corporate fear of falling behind, huge AI spending and pressure to keep showing investors profits while cutting jobs
Tal Shahaf | 07:47 | 06.01.26
תחנת דלק בתל אביב
Starting at midnight: gas prices to drop sharply
Price of 95-octane gasoline drops to 7.80 shekels per liter after a stronger shekel and lower global fuel prices, Energy Ministry says
Gad Lior | 11:47 | 05.31.26
אילוסטרציה
High-tech brain drain grows as thousands of developers leave Israel
Innovation Authority report shows record exports, exits and fundraising, but warns that management, R&D activity and capital are increasingly moving abroad
Israel Wullman | 11:03 | 05.31.26
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Foreign workers reshape Israel’s post-October 7 labor market
From supermarkets and garages to construction sites and hotels, 240,000 foreign workers are filling gaps left by Palestinian laborers and Israelis no longer drawn to physical jobs
Navit Zomer, Iris Lifshitz-Klieger | 08:56 | 05.31.26
שרי חוץ בריקס BRICS ניו דלהי הודו איראן איחוד האמירויות עראקצ'י
South Africa courts Gulf money while its Iran ties unsettle investors
Pretoria is courting Saudi, Emirati, and Qatari money to revive a stalling economy, even as its alignment with Iran, Russia, and China rattles the investors and trade partners it cannot afford to lose  
Waseem Abu Mahadi/The Media Line | 04:32 | 05.30.26
IBM מחשב קוונטי
IBM to invest $10 billion in race to build first large-scale quantum computer
Tech giant says funding will support R&D, manufacturing, partnerships and acquisitions as US pushes to secure quantum edge over China
Calcalist | 23:50 | 05.29.26
אלון מאסק ושיגור של ספייס X
Report: SpaceX cuts target valuation for historic IPO to $1.8 trillion
SpaceX could raise up to $75 billion, begin marketing next week and list under SPCX, while its revenue rose to $18.7 billion even as it swung to a $4.94 billion loss
Calcalist | 21:24 | 05.29.26
אחד מאבות הטיפוס של השטר
Insatiable personality cult: Trump administration pushes bill bearing his face
After plans for passports bearing his portrait, Trump appointees at the Treasury Department have reportedly pressed officials to prepare prototypes for a $250 bill with the president’s face, despite warnings that the move would violate federal law and normal procedure
Tzippy Shmilovitz | 19:16 | 05.28.26
AI and tokens
AI’s hidden bill comes due as companies question whether more tokens mean better products
As Uber and Microsoft reassess heavy AI use, rising token bills are forcing tech companies to ask whether agentic tools are delivering enough value to justify their cost
Dennis Bihler | 19:02 | 05.28.26
טיל ספייק
Rafael profit rises 23% as backlog hits $24 billion and Defense Ministry debt swells
Rafael’s first-quarter reports show growth across key metrics, with net profit up 23% and orders up 28%; CEO Yoav Turgeman says the Defense Ministry’s debt to the company has climbed to nearly 7 billion shekels, calling delayed payment ‘not a badge of honor for Israel’
Navit Zomer | 17:45 | 05.28.26
הרמס 900
Elbit’s strong results reveal a battlefield technology shift the market has yet to price in
Elbit reported $2.19 billion in revenue and 15.5% growth in the first quarter of 2026, but its free cash flow and record $30.2 billion backlog may be the real story, pointing to a company positioned at the center of the autonomous warfare revolution
Nir Maymon‏ | 17:16 | 05.28.26
אמדוקס
Amdocs is preparing for a wave of layoffs, hundreds of them in Israel
The move is part of a broad reorganization the company is currently working on; According to estimates, the layoffs will affect 7% to 10% of the company’s workforce in Israel and worldwide; Amdocs employs 29,000 people worldwide, and about 5,000 in Israel
Meir Orbach/Calcalist | 15:58 | 05.28.26
מטה וויקס Wix תל אביב
‘We had no choice’: Wix CEO confirms mass layoffs
Avishai Abrahami says Wix had no choice but to cut 1,000 jobs, about 20% of its workforce, citing dollar-shekel pressure, AI restructuring and the need to flatten management
Israel Wullman | 12:44 | 05.28.26
BIRD Foundation
Israel-US BIRD Foundation approves $7.5M in grants for new joint tech projects
Seven approved partnerships will develop technologies including AI-powered smart spraying, critical-infrastructure cybersecurity, prenatal genetic testing, tumor screening for pets and cell therapy for progressive multiple sclerosis
ynet Global | 11:21 | 05.28.26
Business & Finance
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