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TECH ISRAEL
Updates from Silicon Wadi on
Friday, August 14, 2026
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Aiming to 'build in weeks what once took years'
Backed by Walmart and Cisco, Israel’s Team8 raises $365m to help build AI startups
By
Sharon Wrobel
Venture group plans to use funds for investing in 16 companies that focus on software infrastructure needed for businesses to securely manage AI agents in workloads
Anthropic reportedly in talks to buy Israeli-founded AI startup at $6B valuation
By
Sharon Wrobel
Potential acquisition of Decart, which is working to boost chip efficiency and develop generative AI models, would be Anthropic’s first acquisition in Israel and largest to date
Apple to pay $150,000 to settle lawsuit after firing Shabbat observant employee
By
Grace Gilson
Survey finds AI adoption spurring shift in tech hiring from software to hardware
By
Sharon Wrobel
Despite major layoffs, tech employment is stable even as Israeli software firms cut jobs amid AI advances, with hardware companies continuing to hire to meet demand for chips
Serbia and Israel’s Elbit set to open joint combat drone factory in September
By
Sharon Wrobel
Israeli defense giant will own a majority stake in the joint venture with Serbia’s state-owned arms company to produce drones for short- and long-range missions
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