Intel will invest $200m in its facility in Haifa and $400m for Mobileye's new center; Intel CEO hails a 'vibrant future for Intel, Israel for decades to come.'

As the largest private employer in the country, Intel Israel said it added nearly 1,000 jobs in 2019 and now employs 13,750 people across the country.

The machine will help increase the number of tests processed for the diagnosis of COVID-19.

The startups were selected out of 160 companies that applied to participate, followed by a round of 15 finalists, the company said.

The accelerator program, called 'Ignite,' will host between 10-15 startups focused on AI, autonomous systems and other related fields, for five months.

At annual summit, semiconductor giant’s venture arm marks significant year for portfolio companies, including Israeli startups

The chipmaker giant has 150 vice presidents across the world; the appointments come on the heels of Intel's announcement to significantly expand its Israel operations.

The American chip giant is considered the largest employer in the Israeli high-tech industry, with some 11,000 employees and another 1,000 from Mobileye.

Israel is poised to be behind major breakthroughs in data transfer and analytics that will drive future innovations in medicine, transportation, and security, and many other fields, says Intel's general manager in Israel in an exclusive guest post on NoCamels.

The company's top leadership, including its interim CEO, is currently in the country for a series of meetings, and to launch new processors developed in Haifa at Intel's research and development center.

Intel's Israel operations have been leading some strategic developments in the area of computing, security, and next-generation communications.

The US multinational submitted plans for government approval to expand the scope of its manufacturing operations in Israel.

Over 500 senior entrepreneurs, health professionals, government officials and more attended the Haifa conference last week, led by former MK Erel Margalit's National Initiative organization and the Haifa municipality.

Israeli Finance Minister Moshe Kahlon reported Intel's intentions to the Knesset Financial Committee today after receiving a positive response from Intel.

Computer chip giant Intel has agreed to buy Israeli driverless technology company Mobileye for $15.3 billion, the biggest tech deal in Israel's history.