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Why Israel's tech sector stands to gain from a new global AI and chip pact

Israel is set to benefit from a new international agreement called Pax Silica, which brings together the United States and seven partner countries to strengthen the global supply chain for artificial intelligence and silicon manufacturing. The pact aims to secure access to crucial raw materials, diversify sources beyond China, and foster collaboration on advanced technology development. Handelsman, an industry expert, highlighted that this initiative could elevate Israel's position in the global high tech sector by opening new opportunities in artificial intelligence security, silicon manufacturing, and advanced chip design. The agreement comes at a critical time as demand for rare earth minerals and advanced chips continues to surge worldwide.

Original article source: https://www.ynetnews.com/tech-and-digital/article/bkz11h98q11e
Source Id: 9011932705

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