Intel to Make a $6 Billion Investment in Israel
Earlier this year, U.S. chipmaker Intel announced its plans to invest $6 billion to upgrade its facility in southern Israel, with a plan to “upgrade the Kiryat Gat facility to meet future needs,” but without specifying their agenda in full.
Now, reports confirm that new details have emerged regarding the company, which has been operating in Israel since 1974, and employs nearly 10,000 Israelis, and this historic new deal, according to an announcement made by Israel Finance Ministry.
Watch Israeli Innovators Create Star Trek-Style 'Replicator' that Serves Up Meals in 30 Seconds
It's a revolution in food technology that could deliver your food fantasy to your plate in less than a minute. The Genie, similar in size and appearance to a coffee maker, can produce an unlimited variety of meals using pods, that contain natural dehydrated ingredients. So whether salty or sweet, an appetizer or a dessert, the device can create the food you crave in 30 seconds.
Israel – an Inseparable Part of Microsoft's Future
Bad news for all BDS activists – you will now have to boycott Microsoft. The future of Microsoft is big data analytics – squeezing meaning out of the trillions of bytes of data that will soon be in “the cloud,” that amorphous repository of the bits and bytes where nearly everything we do online is stored.
In this future, Israeli technology will be at the forefront of figuring out how to use this data for the benefit of users. Israel has the start-ups, engineers, ideas and experience to leverage technology and provide real insight into data so we can use it for our benefit.
Israeli Apps are Taking Over the Apple Watch
More bad news for all BDS activists… There are mixed reports and speculations on how many units have been sold since Apple Watch launched last month – some as high as 3 million units – but Apple has so far stayed mum on the topic.
But there’s one fact nobody argues about: Many of the first apps featured on the Apple Watch (which starts at $349) – from dating to musical education apps – were developed and designed by Israeli startup companies. NoCamels profiles five of the hottest Israeli apps that are already ticking on Apple Watches around the globe.
Hydrocarbons Identified at Southern Golan Heights Drilling Site
Preliminary findings at the Afek Oil and Gas site in the southern Golan Heights have indicated the presence of hydrocarbons in the target drilling layer, the company’s controlling shareholder, Genie Energy Ltd., announced Tuesday. While hydrocarbons were identified, comprehensive scientific evaluations are required to determine whether the presence of such materials indicates oil, gas, condensate or none of the above.
