The group is the latest addition to a series of collaborative efforts within the tech industry since October 7 aiming to keep Israeli tech afloat as war with Hamas continues.
OpenAI kicked off the generative AI craze last November by releasing its ChatGPT chatbot, which became one of the world's fastest-growing applications.
A critical workforce shortage could pose major issues for Israel’s economy.
‘My third mission in life is to enable Awz technologies to help Israel’s national security efforts,’ said Awz Ventures founder Yaron Ashkenazi.
The CEO of OurCrowd praised Israel's hi-tech sector for its resilience in the face of crisis.
“Out of all this mess we are going through, we will probably see the biggest ever tailwind for the new wave of innovation in Israel.”
Walmart is invested in several Israeli tech companies, including Team8, and has acquired several more in the past 5 years.