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How an Israeli engineer went from Rafael to iPhone Portrait Mode and a $300 million OpenAI exit
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The man who helped build Palo Alto’s Cortex is leaving the company
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“Our next milestone will be a billion-dollar valuation”: MIND triples valuation to $300 million with $72 million Series B
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Five months old, Noetive raises $41 million Seed to build AI for the physical economy
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Ondas in advanced talks to acquire Israeli defense company Nirosta Zafon for $250 million
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IWI

3 stories about IWI
רובה סער ערד תוצרת IWI סמי קצב 2

Israel to purchase tens of thousands of local assault rifles for IDF infantry brigades

20.02.24|Yuval Sade
The Ministry of Defense will soon publish a tender for the purchase of tens of thousands of assault rifles to be used by the infantry brigades and standby units. The tender, valued at tens of millions of shekels, comes following a shortage of rifles in the IDF and with the intention of increasing the combat brigades in the coming years
רובה ערד רובי ערד של חברת IWI מיועד לחלוקה של כיתות כוננות

As war wages on, the local arms industry is booming

13.11.23|Yuval Azulay
While many businesses are shut down due to the war with Hamas, the Israeli arms manufacturing industry has never been in such high demand. 190,000 new applications for weapons licenses were also added to the growing needs of the army and the new readiness teams, with tens of thousands of rifles and pistols already delivered to civilians. The price: loss of contracts abroad
רובה סער ערד תוצרת IWI סמי קצב

Scoot Over, Uzi, There’s a new Gun in Town

05.09.19|Udi Etsion
Weighing only 2.85 kilograms, the Arad can fire up to 1,100 rounds per minute