Calcalist

The cyber unicorn Upwind, which develops a platform for cloud infrastructure security, is appointing Omer Grossman as Chief Business Officer. Grossman brings extensive experience in cyber defense, having previously commanded the IDF's Mamram unit.

The Israel Innovation Authority is launching a one-billion-shekel fast-track program to help young tech companies extend their operational runway by six months, mitigating the impact of the dollar's devaluation against the shekel.

Professor Amnon Shashua's announcement of his intention to step down as CEO of Mobileye marks a new chapter for the company. After 25 years at the helm, the founder has concluded that the firm requires a different management approach.

Samsung Electronics has signed an agreement with Broadcom to expand cooperation in memory chips, contract manufacturing (Foundry), and advanced packaging. The deal is expected to reach $200 billion by 2030.

A year after Lip-Bu Tan took over as Intel CEO, the company is showing strong growth. Second-quarter 2026 revenue jumped 25% to $16.1 billion, marking the company's strongest quarterly performance in 15 years.

Uber and Waymo are shifting their partnership model: Waymo will launch its own app in Austin and Atlanta in January 2028, while maintaining availability on the Uber platform until at least May 2028.

The Israeli automotive industry is seeing a significant rise in malfunctions among electric and plug-in hybrid vehicles. Owners are increasingly reporting issues with sensors, charging ports, and suspension, while the cost of original spare parts remains prohibitively high.

Qualcomm has notified customers that it will increase chip prices by a double-digit percentage starting September 1. The decision follows the exhaustion of the company's ability to absorb rising supplier costs.

Nvidia CEO Jensen Huang posted his first tweet on X, addressing the debate over the future of artificial intelligence. He highlighted the importance of open models for innovation and technological sovereignty.

American defense tech firm Anduril is negotiating a new funding round that could push its market valuation to approximately $100 billion. This would place the company on par with industry giants like Lockheed Martin.