Israeli tech industry to get new processor for free, courtesy of the state - Tech News

In bid to secure ‘technological independence’ for Israeli firms, new processor developed with millions in state funding to be provided free of charge

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Sagi Cohen

January 05, 2022

The Israel Innovation Authority wants to let local high-tech companies use a processor developed in Israel with some state funding for free, thereby enabling them to reduce their dependence on chips from abroad and also save money.

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