Tech

Payoneer's Israeli development center in Big Glilot (Photo: Amit Gosher)

The cloud computing market is dominated by Amazon, Microsoft, and Google, which are investing heavily in the AI race. However, DigitalOcean, a cloud company with a $14 billion market cap, is successfully competing with the giants, with its stock jumping 275% over the past year. The company's secret lies in its focus on small and medium-sized businesses, a segment often neglected by industry...

OpenAI has completed a share buyback deal allowing employees to sell approximately $7 billion in equity. The transaction was executed at a valuation of $852 billion.

For the first time in the history of the Scale Up Nation podcast, two CEOs of the same company—Ira Belsky and Itzik Elbaz of Artlist—sat in the studio. They discussed the transformation of their "accidental startup" and how the company is adapting to the AI era.

The founder of SpaceX responded with "fake news" to claims that his company is in advanced negotiations to acquire the Israeli AI startup Decart for $6-7 billion. While the Calcalist report suggested Decart was "in Musk's sights," it also listed Amazon and Nebius as potential buyers.

The company, which develops leading flagship games using a unique model, has begun laying off employees at its development center in Ramat Gan, which accounts for about a quarter of the workforce of the American corporation that controls it.

Israeli company Quantum Machines is holding a conference in Chicago on the day of the Knesset elections. The scheduling has sparked dissatisfaction among employees concerned about their ability to exercise their right to vote.

Corma, which is developing a dedicated cyber defense model against AI attacks, has announced a $60 million seed round led by Sequoia. The company is already working with Fortune 100 and Fortune 500 firms to bridge the growing gap between AI-driven offensive and defensive capabilities. Corma was founded in 2025 by Alon Fluda, a Psagot program graduate and Unit 8200 alumnus.

Monday.com published its Q2 2026 report, showing 22% revenue growth and record operating profit. Despite these results, shares fell 9% due to the company's conservative annual forecast.

Tel Aviv University was ranked third in the world outside the US for the number of research master's graduates who founded unicorn companies. The Hebrew University and the Technion also entered the top ten.

Monday reported second-quarter 2026 revenue of $364.6 million, beating market expectations. Despite the positive financial results, the company's stock fell by more than 8% in pre-market trading on the Nasdaq.

The company exceeded analysts' expectations for revenue and profit. It anticipates continued significant growth of 30% in the second half of the year. Rafi Amit: "We are experiencing a significant acceleration in the pace of order intake."

Israeli startup Descartes is in advanced talks to be acquired by a major international player for $6-7 billion. SpaceX is considered the primary candidate for the acquisition.

Shahaf, who passed away from cancer, was a co-founder of the medical technology investment fund and led it alongside Talaor Sachs. "He knew how to pinpoint what was truly important to avoid breakdowns," says his former partner in an interview with mako.

Beyond Oil, which developed a solution for renewing used frying oil, will implement the technology in 14 US supermarket branches. Also: Toys R Us is investing about 2 million shekels in a concept store in Ra'anana. Events and appointments.

The Federal Bankruptcy Court in Delaware has granted Papaya Gaming's request for temporary relief. The ruling stays collection proceedings against the company's U.S. assets pending a Chapter 15 recognition hearing.

Balaji Srinivasan left Silicon Valley and set up an incubator for new countries in an Asian ghost town, until the government shut the project down.

Amidst a 20% workforce reduction and controversy over executive pay, Monday is set to release its Q2 2026 financial results. Investors are looking for proof that the company can adapt to the AI era.

SK Hynix is investing 54 trillion Korean won ($38.1 billion) in two new memory chip plants. The move aims to address the surging demand for components essential to artificial intelligence infrastructure.

Yuval Shlomo, wife of Base44 founder Maor Shlomo, discusses her transition from the tattoo industry to the high-tech world. She has taken on a marketing and community management role at Base4u Solutions, which leverages Base44 technology to build business management systems.

Shoni Mendel-Laufer, having left a promising career at the Ministry of Finance's Budget Department, has become a key executive at LTX, a new company spun off from Lightricks to focus on Physical AI.

IonQ quadrupled its revenue and raised its guidance, but net losses increased tenfold. We examine the company's report and the state of the quantum sector.

An investment that may reach $119 billion and a collaboration with Intel. Elon Musk's dramatic announcement and the local storm surrounding tax benefits. What are they saying at SpaceX and how did the residents react?

IAIG (Inevitable AI Group) has raised $6 million in a pre-seed round led by Aleph. The venture studio builds lean software companies where a single entrepreneur serves as both CEO and the sole employee, leveraging AI tools to replace traditional SaaS models.

The gaming giant summarizes the second quarter of 2026 with mixed data, as one brand leads growth and compensates for weakness in the company's other titles.

Supersonic, the last major gaming division remaining from the acquisition of the Israeli company IronSource, is being sold to the British company Tripledot, which is entering operations in Israel for the first time. About a third of the company's employees will be laid off as part of the move.

Jeen Technologies (Jeen.ai) reports its first deal with the Israeli banking system, valued at approximately 12 million shekels.

Naomi Bashkansky, a 23-year-old chess master and former OpenAI researcher, has joined the startup Conduit. The company is developing technology to convert human thoughts into text.

While the entire industry is dealing with a complex slowdown in investments, the BizLabs program reveals exceptional data on an unusual survival rate of 93% and the raising of tens of millions of dollars.

The mega-deal in which Visa acquired BioCatch at a $2.4 billion valuation yielded the Jerusalem-based investor group OurCrowd about $200 million. The fund, which operates on a unique model, also holds shares in the AI giant Anthropic.

Developing a new drug is one of the most time-consuming and expensive processes in medicine. Despite billions in investment, many drugs fail during clinical trials. The Israeli startup QuantHealth has secured $45 million to expand its artificial intelligence platform, which aims to optimize the planning and execution of clinical trials.

Elon Musk's company released its first report as a public company and beat forecasts, but the spotlight was stolen by a statement from CEO and founder Elon Musk during the investor call regarding the company's AI infrastructure.

Jeff Dean, a key architect of Google's AI strategy, is leaving the company to launch Discovery Loop. The new startup aims to accelerate scientific discovery by automating complex research and engineering tasks.

Moove, a developer of operational infrastructure for autonomous transport, has raised $250 million in a Series C round, reaching a valuation of $2.1 billion.

The American company Razer has acquired the assets of the Israeli startup StreamElements. Once one of Israel's fastest-growing companies during the pandemic, it faced market shifts and was sold at a loss.

Israeli startup Faye, which offers a smart travel insurance system, has raised $50 million in a Series C round. The company plans to use the funds to automate insurance claims processing using AI.

SpaceX's first quarterly report shows impressive growth, with revenue jumping 91.9% to $7.81 billion and net losses narrowing by 46.3%. The results highlight the dominance of Starlink and the rapid scaling of AI infrastructure investments.

CrowdStrike will invest millions of dollars in Above Security and integrate its AI technology for detecting internal threats into its security platform. The move comes shortly after a $50 million funding round completed by the Israeli company.

The local venture founded by one of the founders of Wix and managed by the former CEO of TikTok Israel could not withstand the pressure of the artificial intelligence giants, and is now taking the platform offline.

OLIGO Security has raised $60 million in an extended Series B funding round. This investment brings the total capital raised by the company to $140 million, with its valuation more than doubling over the past year.