Swedish digital entertainment company Modern Times Group (MTG) has acquired Israeli gaming firm Plarium for up to USD 820 million. The deal strengthens MTG’s portfolio in the online gaming sector, positioning it to reach a broader audience. Plarium, headquartered in Herzliya, is known for developing popular mobile and social games such as “Raid: Shadow Legends” […]

For years, the Israel Tax Authority has been trying to lay hands on the profits of Israelis active in the cryptocurrency market that are liable to tax in Israel. Recently, a report by the State Controller indicated that taxing these profits could yield NIS 3 billion annual revenue, which is being lost because of lack […]

Israel’s AI startups dominate the tech investment landscape, securing nearly 47% of all investments despite comprising just 30% of the sector. Over the past decade, the AI segment has grown by 173%, outpacing the broader tech industry, which expanded by only 12%. The country’s AI ventures attract more per capita investment than the US or […]

Two years after the Israel Innovation Authority began its national AI program, it is now nearing the purchase of a supercomputer from one of the Israeli government’s national cloud suppliers – Amazon and Google. The budget for building the supercomputer is NIS 300 million, of which NIS 150 million will be allocated to the budget […]

The initiative aims to introduce cutting-edge Israeli technologies, focusing on AI and automation, to the UK healthcare sector. Participants will receive guidance, mentorship, and valuable insights into the UK system, creating opportunities for significant advancements in patient care and healthcare operations. Read more in Jerusalem Post.