AI to make human decisions

A new startup AA-I Technologies, founded by Mobileye founder Prof. Amnon Shashua, has raised $20-30 million to transform AI into AEI (Artificial Expert Intelligence). It aims to develop reasoning models (intelligent digital agents) that will make decisions and perform processes like human experts.

Slashing autonomous car development time

Israel’s Foretellix has significantly expanded its Foretify platform, enabling autonomous vehicle developers “to slash development time in half and save hundreds of millions of dollars”.

Israel’s first commercial electric boat

Israel’s Francis Eco Sailing has launched the Corazine, Israel’s first-ever commercial electric boat, on the Sea of Galilee (Lake Kinneret). The 55-passenger, silent, zero-emissions, high performance vessel is named after the ancient village of Corazine (Chorazin) on the lake’s northern shores.

Israeli defense tech in Japan

An Israeli delegation of 20 companies took part in the biennial international DSEI defense exhibition in Japan. They include , , , MagnaBSP, , Next-Dim, and ,  This year's exhibition is double the size of the 2023 event.

From the Negev to the world

Israel’s Negev is becoming a global center for innovation in agriculture, water technology, and renewable energy. Institutions supported by JNF-USA lead sustainable development, building a flourishing ecosystem that will support Israel’s growth, resilience, and bring huge benefits to the entire planet.  

Technological partnership with South Korea

OurCrowd’s Ely Razin writes that the Israel-South Korea defense partnership encompasses joint ventures, co-production, collaborative R&D, innovation funding mechanisms and funds such as the Trepont Fund launched by OurCrowd and Korean NH Ventures.

Precision spraying for US growers

Israel’s Fieldin (see previously) has partnered with Nordson’s Arag to boost adoption rates of precision spraying (currently 10%) amongst US-based permanent crop growers. In the parts of Australia where Fieldin operates, 90% of farmers have adopted data-driven precision spraying.

Israeli tech improves the US military

Many Israeli developments also help the US military. Emergency bandage, armored bulldozers, Trophy active protection, countering IEDs, K9 dogs, anti-tunnels, precision missiles, F-35 add-ons, anti-drone systems, AI armored vehicles, cybersecurity, and much more.

Defense tech startup launched

Israeli startup Line 5 has emerged from stealth, raising $20 million, the largest seed funding in the defense tech sector so far this year. The company is named after the bus route where one of the co-founders’ friends was murdered. It is anticipated that Line 5’s new technology will be devastating.

Automating what finance teams shouldn’t do manually

Israel’s Celery uses AI to spot problems in seconds that used to take finance teams vast amounts of time – and may never have spotted. Duplicate entries, fraud, compliance breaches – all now a thing of the past. Celery is already used by dozens of US healthcare providers.