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[ad_1] JERUSALEM (Reuters) – Israeli venture capital fund OurCrowd said on Tuesday its new artificial intelligence (AI) fund was collaborating with Nvidia to fast track some of its AI startups into the Nvidia Inception programme. Inception helps startups evolve faster through cutting-edge technology, connecting with venture capitalists, and having access to the latest technical resources and tools from…
[ad_1] RIYADH (Reuters) – Saudi Arabian tech company Alat, owned by the country’s Public Investment Fund, on Tuesday announced partnerships with four companies including Softbank Group and Carrier Corp, as it seeks to create a sustainable manufacturing hub in the kingdom. Alat is also partnering with China’s Dahua Technology and The Saudi Technology and Security…
[ad_1] (Reuters) – Chipmaker Microchip Technology forecast fourth-quarter net sales below Wall Street estimates on Thursday, anticipating weak demand from customers as they clear excess inventory. Shares of the Chandler, Arizona-based company fell more than 3% in extended trading. Demand for auto chips has been slowing as customers are dealing with excess inventory, hitting chipmakers…
[ad_1] (Reuters) – OpenAI CEO Sam Altman is in discussions with Middle Eastern investors and chip fabricators including TSMC about launching a new chip venture, the Financial Times reported on Saturday. (Reporting by Shivani Tanna in Bengaluru; editing by David Evans) Copyright 2024 Thomson Reuters. [ad_2] Source link
[ad_1] One of Turkey’s biggest e-commerce companies plans to launch operations in Ukraine even as Russia’s invasion nears the two-year mark with no end in sight. Hepsiburada.com aims to start selling goods in Ukraine if a trial run is deemed successful. It’s part of a longer-term strategy for the online group, which is battling to…
[ad_1] JERUSALEM (Reuters) – Israeli high tech firms raised $1.5 billion in the fourth quarter of 2023, preliminary data showed on Thursday, in a sign that foreigners are still investing in Israeli startups despite Israel’s war with Palestinian militant group Hamas. The Israel Venture Capital (IVC) Research Center and LeumiTech said fundraising in quarter up…