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News
Nebius Group Wins Israel AI Supercomputer Mandate Raising Valuation Questions
7+ mon, 1+ week ago (356+ words) Nebius Group has been selected by the Israel Innovation Authority to build and operate the country's national AI supercomputer infrastructure. The state backed project is already operational and positions Nebius at the center of Israel's AI ecosystem. The mandate follows…...
Should Israel’s Opening to App-Based Ride Hailing Require Action From Lyft (LYFT) Investors?
7+ mon, 3+ week ago (367+ words) An Israeli ministerial committee has approved a bill that would allow ride-hailing platforms such as Lyft and Uber to operate in Israel, creating a formal regulatory framework for app-based services aimed at increasing transportation supply and lowering costs; the proposal…...
Chevron & Partners Approve Leviathan Expansion Project in Israel
7+ mon, 3+ week ago (268+ words) Chevron has highlighted that it is one of the major companies in the Eastern Mediterranean’s energy sector, with its operations mainly focused on natural gas production. The company continues to invest in its operations in the Eastern Mediterranean to support…...
ZIM: Q3 Earnings Snapshot
9+ mon, 3+ week ago (78+ words) HAIFA, Israel (AP) — ZIM Integrated Shipping Services Ltd. (ZIM) on Thursday reported earnings of $123 million in its third quarter. The Haifa, Israel-based company said it had profit of $1.02 per share. The container shipping company posted revenue of $1.78 billion in the…...