Google is investing $8 million to support Israeli tech firms and Palestinian businesses, citing the need for small companies to secure financing during the Israel-Hamas fighting, Reuters reports.

Google said its $4m support fund would be provided to AI startups in Israel and another $4m would go to early-stage Palestinian startups and businesses to help them continue operating.

In partnership with local and global non-profit organisations, it will provide loans and grants to 1,000 Palestinian small businesses.

It will also provide seed grants to 50 tech startups in Palestinian areas. In total it hopes to help safeguard 4,500 jobs and create new ones for Palestinians.