Israel Cancels NIS 1.3B AI Grant for 2025 Amid Tech Roadblock
The State of Israel has canceled a NIS 1.3 billion grant intended for Intel for 2025, according to the State Budget Execution Report from the Finance Ministry’s Accountant General Department. The cancellation follows the chipmaker’s decision to freeze its Kiryat Gat plant expansion plan and halt planned investments under a multi-billion-dollar agreement signed with the … Read more