Category: Business

Category Added in a WPeMatico Campaign

Israeli wonderkid raises $12.5m for AI SLM startup DatawizzIsraeli wonderkid raises $12.5m for AI SLM startup Datawizz

The Specialized Language Models company was founded by Iddo Gino, who at 17 founded RapidAPI and led it to a valuation of $1 billion before it was acquired.

Sagi to relist Winvia on London’s AIM at £200m valuationSagi to relist Winvia on London’s AIM at £200m valuation

Teddy Sagi acquired control of the prize-draw company in June 2023, when it was still publicly traded on AIM with a market cap of £40-45 million, and delisted it to

Trump peace plan boosts Tel Aviv stocksTrump peace plan boosts Tel Aviv stocks

The main indices are rising, but Tel Aviv Stock Exchange EVP Yaniv Pagot comments: The market is also pricing in a large dose of caution.

Netanyahu meets US tech execs on AINetanyahu meets US tech execs on AI

Bloomberg reports that the meeting in New York focused on harnessing AI to strengthen Israel’s economy and military edge.

Trump presents comprehensive Gaza peace planTrump presents comprehensive Gaza peace plan

The plan includes the release of all hostages, an Israeli withdrawal from Gaza and the establishment of a technocratic committee of Palestinians and international experts to temporarily rule Gaza.

BoI keeps rate at 4.5%, cuts growth forecastBoI keeps rate at 4.5%, cuts growth forecast

The Bank of Israel has left the interest rate unchanged for the 14th consecutive time, after raising its inflation forecast for 2025 and cutting its growth forecast.