Omer Kabir

Nir Omer, CIO of Bank Leumi, speaking at Calcalist and Leumi’s New York Mind the Tech conference: "Innovation in AI will be measured not only by capabilities, but also by successfully implementing them in a secure and responsible manner"

Mikhail Gurevich, managing partner at Dominion Capital, said these things during a panel at the Calcalist and Bank Leumi New York 2026 conference. "The result of the AI ​​revolution is layoffs and companies becoming extremely efficient. It allows companies to stay private for longer with the same amount of capital"

Engineering and product teams are expected to bear the brunt as the company reorganizes around AI.

The restructuring deepens integration between Apple’s silicon and device engineering teams.

Meta is shifting 7,000 employees into AI roles while pouring up to $135 billion into infrastructure, but workers warn the push is fueling anxiety, distrust and fears their own jobs could become obsolete

Around 10% of local staff to be cut, while hundreds shift into AI units in sweeping reorganization.

Chip giant posts 85% revenue surge, announces $80 billion buyback and lifts its dividend, easing investor fears over China troubles and rising AI competition

Investors must decide whether Musk can turn costly ambitions into sustainable businesses.

Israel’s legal draft suggests users, not just companies, could face liability.

New AI-focused PC processors could threaten the revenue engine underpinning Intel’s turnaround.