Tag Archive for Porsche

Porsche invests 10’s of million$ in Israel to acquire AI technology for its vehicles


Porsche is looking to Israel to bring it into the future of transportation, seen by its investment of eight figures in its effort to integrate artificial intelligence technology.



Porsche is establishing an “innovation office” in Israel, and investing eight figures in the effort, the German sports car manufacturer said in a statement released Thursday.

“Porsche is a company that draws on innovation,” the statement read. “And now it is establishing an ‘innovation office’ in Israel.”

Tel Aviv – Photo: PORSCHE

Lutz Meschke, Deputy Chairmain of Porsche’s Executive Board and Member of its Executive Board for Finance and IT, said “Israel is a key market for IT experts and engineers. Continue Reading »