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May. 10, 2021
The Israeli government plans to launch a new national program in health technology in the hope of increasing the number of companies in the field and foster the growth of heath-tech Israel, which now often goes by the name “bioconvergence.”
The goal is to encourage the formation of companies that combine engineering, hardware and software to develop biological and health technology.
For example, formulating new drugs using AI and 3D printing of human tissue and organs, nanorobotics that transport drugs through the body, genetic bio-engineering (for example, CAR-T, in which immune systems undergo genetic engineering to attack cancer cells) and others.
Published 10 May 2021
Increasingly, both Israel and the U.S. face costly cyberattacks that can cause severe damage to critical energy infrastructure. A new consortium will develop, integrate, and test technologies, and demonstrate high value cyberattack mitigation technologies on the energy infrastructure, using data analytics, artificial intelligence, and machine learning.
A consortium led by Ben-Gurion University of the Negev (BGU) and Arizona State University (ASU), and which includes several other tech partners, including Georgia Tech Research Corporation (GT), will receive up to $6 million under a U.S.-Israel Energy Center research funding grant for energy infrastructure cybersecurity.
The consortium’s research project is entitled
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Although it may not have a worldwide reputation just yet, an Israeli firm, Global-E has become an essential part of borderless eCommerce for customers everywhere. Actively breaking down boundaries associated with international selling, currency exchange, language barriers and regulatory compliance, Global-E is actively making international retail a more straightforward process. Now, the company’s IPO has helped to underline the value that Israel’s tech holds in the current initial public offering boom.
Vehicles on Route 2 (the Coastal Road) near Netanya, October 22, 2019. (Flash90)
US tech giant Nvidia has teamed up with the Israel Innovation Authority and business development center MATI Haifa to set up an innovation hub in Haifa to encourage artificial intelligence-based entrepreneurship in Israel’s north.
The Road2 hub, named after the highway that connects Tel Aviv to Haifa, was officially launched on Wednesday, in the presence of Nvidia officials, Dr. Ami Appelbaum, the chairman of Israel Innovation Authority; Prof. Rafi Beyar, former director of Rambam Hospital; and Mooly Eden, a former senior VP at Intel Corp. and head of Intel Israel.
A new innovation hub named Road2, aimed at encouraging AI-based entrepreneurship, was launched last week in the northern city of Haifa. Road2 was established through a collaboration between the business development center MATI Haifa, computer system and service company NVIDIA, and the Israel Innovation Authority (IIA).
The launch was celebrated with a live, in-person event as Israel opens its physical spaces again following a successful vaccination rollout and somewhat of a return to normalcy within the country. The event was attended by industry leaders such as NVIDIA’s Arik Kol, Dr. Ami Appelbaum, Chairman of Israel Innovation Authority; Mooly Eden, Former Senior V.P at Intel Corporation. President of Intel Israel; and Ruth Alon, founder and former CEO of NetVision, among others.