Category: Business

Elon Musk on Friday said his new artificial intelligence company, xAI, will use public tweets from Twitter to train its AI models and work with Tesla on AI software. The billionaire, who owns Twitter and runs Tesla TSLA.O, said during a Twitter Spaces audio chat that a relationship between his companies would have “mutual benefit” […]

Israel, a nation renowned for its vibrant culture and technological advancements, is grappling with an issue that has left many of its citizens concerned – the high cost of living. Rising prices in housing, childcare, and several other essentials have placed a heavy burden on the wallets of Israelis, prompting widespread discussion of the challenges […]

Do you own a small business? Are you based in Israel? Do you ship your goods abroad? If your answer to all three questions was “Yes,” you have my deepest sympathies.  And if you answered “No,” then I have a great story for you. However, I will warn you that the ending is not a […]

This has been a dramatic week on the Israeli judicial front. Major amendments passed their first readings in the Knesset. First, it is proposed to prohibit judicial review of the reasonableness of government decisions. Second, it is proposed to abolish the Israel Bar Association. How will this impact the Israeli business scene? We briefly review […]

A Stability AI co-founder on Thursday sued the artificial- intelligence startup and its chief executive, claiming they defrauded him into selling his 15% stake for $100 just three months before the company reached a $1 billion market valuation. In a complaint filed in San Francisco federal court, Cyrus Hodes said CEO and co-founder Emad Mostaque […]

Like a plot from the anthology television series “Black Mirror,” the Screen Actors Guild says it is battling the studios for control over the digital replicas of performers that could be used “for the rest of eternity.” The studios counter that they have offered groundbreaking protections from misuse of images. Artificial intelligence has become a […]

The N7 Initiative is pushing for a regional free agreement between Israel and its Arab neighbors, starting with a trilateral one with the United Arab Emirates and Bahrain. “Israel of course has entered into multiple bilateral trade agreements with countries in the region,” said William F. Wechsler. He is the senior director of the N7 […]

UBQ Materials, an Israeli climate tech developer, was awarded the Plug and Play Sustainability Award for its work with Maxion, an automotive supplier, to create returnable plastic pallets and separators using UBQ, an innovative climate-positive material derived from unsorted and unrecyclable household waste. The material offers a sustainable alternative to oil-based resins, significantly reducing the […]

Israeli start-up Electreon is set to install an electric stretch of road that will charge passing electric vehicles in France, following its victory in a public tender. Together with European toll road operator VINCI, Electreon’s Wireless Electric Road System (ERS) will be built into a section of the A10 highway, South West of Paris.  Electreon […]

According to a new report by the UN Global Crisis Response Group, entitled A World of Debt, a total of 52 countries – almost 40 per cent of the developing world – are in “serious debt trouble”, Mr. Guterres said, backing calls for them to receive urgent fiscal relief. Last year global public debt reached a record […]