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Israeli Tech Sector Resilient Amid Ongoing Conflict

Cybersecurity and AI drive growth despite challenges from the war with Hamas.

  • Israeli startups, particularly in cybersecurity and AI, continue to attract significant investment.
  • Private funding in Israel increased by 31% in the first half of 2024, totaling $5.1 billion.
  • Cyber-attacks have tripled since the conflict began, costing Israel over $3 billion.
  • Programs like Fast Track and the Israel Resilience Fund support early-stage startups.
  • Major acquisitions include Nvidia's purchases of Run.AI and Desi, and Blackstone's acquisition of Priority.
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