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Intel to Spend Tens of Billions on New Fabs in Germany and Israel

Anand Tech

Alongside developing a brand new fab complex in Germany, Intel has plans to extend its site in Kiryat Gat, Israel. The CPU giant is slated to invest some $25 billion into constructing and equipping this new Israeli fab, as reported by Benjamin Netanyahu, Israel's prime minister.

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Altair Semiconductor Renames to Sony Semiconductor Israel

Anand Tech

Today, after more than four years of being acquired by Sony, Altair Semiconductor is renaming itself as Sony Semiconductor Israel. The IoT focused company over the last few years has been growing its success under the Sony conglomerate, and has deepened its integration with Sony’s other semiconductor businesses.

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VR Could Lower The Need For Sedation During Surgery

VRScout

According to a report by MIT Technology Review , a team of researchers at Beth Israel Deaconess Medical Center has published a study in which VR technology was used to reduce pain for patients during surgery. Image Credit: Beth Israel Deaconess Medical Center. Credit: NOMADEEC Telemedicine. Still, these are some encouraging results.

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Apple Reportedly Could Have Over 1,000 Engineers Working on AR in Israel

Road to VR

According to UBS analyst Steven Milunovich , Apple could have over 1,000 engineers working on Augmented Reality technology in Israel, mostly at its major R&D centre in Herzliya. The post Apple Reportedly Could Have Over 1,000 Engineers Working on AR in Israel appeared first on Road to VR.

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AR Software Startup Multinarity Emerges from Stealth with $28M Seed Round

Road to VR

Multinarity, an Israel-based startup working on AR software, announced it’s raised $28 million in the company’s initial seed round. As reported in an exclusive by Calcalist , funding was led by Israeli investors VC Aleph and U.S. investors Corner Ventures.

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Snapchat Showcases Its Creative Chops at Cannes Lion with Marker Tracking & Landmarker AR Lens

Next Reality AR

On Monday, Snap did just that by opening an augmented reality exhibit at the La Malmaison art gallery featuring the digital creations of innovative Los Angeles-based artist Alex Israel. Inside the La Malmaison, Snap and Israel have installed five "Snap-Portraits" that are brought to life via Snapchat's Marker Tracking.

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Google and Amazon Workers Fill Streets To Protest Israel's 'Project Nimbus'

GizModo VR

“No justice, no peace, tech workers are in the streets!” Those words echoed through the air outside Google’s New York City office as workers left for the day on Thursday evening. Outside, they faced a street packed with dozens of Google and Amazon employees opposed to Project Nimbus , a $1.2 billion cloud computing… Read more.