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Ilya Sutskever is opening a Safe Superintelligence R&D center in Tel Aviv, while Intel has awarded $250,000 grants to startups in AI, quantum computing, and anti-aging. In contrast, the tech industry is experiencing widespread layoffs: IoT startup Wiliot is cutting 15% of its staff, U.S. Bank is closing its Israel development center and laying off 100 employees, and major companies like Amazon and Tesla are laying off thousands. An analysis of the AI industry examines the hype and potential for a bubble. A LeumiTech report suggests that the investment slowdown in Israeli high-tech is less severe than the global trend. Separately, Apple has released updates for iOS and macOS featuring new "Liquid Glass" controls.
By Meir TsviIlya Sutskever is opening a Safe Superintelligence R&D center in Tel Aviv, while Intel has awarded $250,000 grants to startups in AI, quantum computing, and anti-aging. In contrast, the tech industry is experiencing widespread layoffs: IoT startup Wiliot is cutting 15% of its staff, U.S. Bank is closing its Israel development center and laying off 100 employees, and major companies like Amazon and Tesla are laying off thousands. An analysis of the AI industry examines the hype and potential for a bubble. A LeumiTech report suggests that the investment slowdown in Israeli high-tech is less severe than the global trend. Separately, Apple has released updates for iOS and macOS featuring new "Liquid Glass" controls.