CTech's Wednesday Roundup of Israeli Tech News

The Israeli government will pay to train AI specialists. A new program by the Israel Innovation Authority will see it pay up to $570,000 a year to companies that will develop and implement their own advanced artificial intelligence training. Read more

Analysis | Clashes with Gaza are still ongoing, but history shows their effects on Israel’s economy will likely be minimal. On Tuesday, large parts of Israel were paralised, with many businesses shut down due to ongoing aggression between Israel and Gaza. Read more

A third of Israeli employees make less than the minimum wage, report says. It should be noted that Israel's national social security agency, which published the report Tuesday, has no data on whether people work part or full time. Read more

$100 million worth of facts about the Iron Dome. The Iron Dome, Israel’s famous anti-missile defense system, made headlines again Tuesday as ongoing conflict flared up. Read more

Not-so-hot U.S. real estate runs Israeli investors down. Tens of millions of dollars placed by the Israeli upper echelon at the hands of T.E.H. Realty for investments in U.S. real estate are at risk as employees aren’t paid and trash piles up around the properties. Read more

Emergency room robotics startup raises $24 million. Diagnostic Robotics develops robots that use artificial intelligence to assess the urgency of each case before the people in line can be seen by a doctor. Read more

 

Canada’s Cronos starts growing first cannabis seedlings on Israeli soil. The Nasdaq and Toronto-listed cannabinoid company signed a partnership with northern Israeli Kibbutz Gan Shmuel in 2017. Read more

UK Israel Tech Hub launches 2020 program with a focus on healthcare. The U.K. could benefit from Israel's medical technology capabilities, British Ambassador to Israel, Neil Wigan, said at the program’s launch event in Tel Aviv. Read more

Cybersecurity startup Pcysys raises $10 million. Founded in 2015, Pcysys develops cybersecurity software that enables enterprises to implement continuous cybersecurity tests into their network in order to detect and warn about system vulnerabilities. Read more