CTECH – Latest Israeli Innovation & Tech News July 28, 2026
Ilya Sutskever’s Safe Superintelligence raises $5 billion from Nvidia despite not yet releasing a product. The secretive AI startup has yet to publish research or launch a product, but Nvidia is making what the company calls a substantial investment that will increase its computing capacity tenfold over the next year. Read more
Israeli AI robotics startup Enigma emerges from stealth with $71 million Seed round. Founded by former Unit 8200 researchers, Enigma is developing foundation AI models designed to make robots more intelligent and easier to deploy. Read more
He joined Check Point at 16. Now Jonathan Jacobi has raised one of Israel’s biggest seed rounds to build the AI brain for robots. The 26-year-old Enigma co-founder, who later became the youngest employee in the history of Microsoft and Check Point, has raised $71 million to develop the AI models and software that could turn robots into adaptable, intelligent machines. Read more
Way Security raises $20 million Seed to tackle enterprise identity headaches. The Israeli startup aims to automate the costly implementation work behind identity and access management systems, a market where integration often costs several times more than the software itself. Read more
“Mega rounds are making it harder to actually evaluate what’s really happening in the market.” 10D Partner Alon Kantor discusses whether the Israeli market is really in a new growth cycle and what founders pitching AI-native companies are missing. Read more
“I’m talented, I’m skilled, I’m safe”: The psychological contract of high tech is breaking. Monday.com’s decision to cut 20% of its workforce has become a symbol of a deeper shift in Israeli high tech, as AI, war and uncertainty challenge the belief that talent and hard work can guarantee security. Read more
Wiz’s AI hacker hunter: “I used to hope I found a vulnerability overnight. Today AI tells me it hacked the organization.” Former bug bounty researcher Gal Nagli describes how AI is replacing manual security research with automated attacks and defenses. Read more
Intel expansion uncertainty grows as Israel does not transfer $425 million grant. The Finance Ministry’s budget report shows the 2025 payment was canceled after Intel paused its planned $15 billion Kiryat Gat expansion, while the company says its investment plans in Israel remain under review. Read more
“A single employee generated a $38,000 AI bill in three hours.” As AI spreads across the enterprise, organizations are scrambling to control token costs without slowing adoption. Read more
Mobileye’s next CEO inherits a $900 million question: What to do with Mentee? The robotics startup could become a new growth engine built on Mobileye’s AI expertise, or a business that management decides is too far from its core mission. Read more
Mobileye founder Amnon Shashua steps down as CEO after 27 years. The architect of one of Israel’s biggest technology success stories hands over day-to-day leadership as the company bets on AI, robotaxis and humanoid robotics. Read more
“The company is bigger than me”: Why Mobileye’s founder is stepping aside. Amnon Shashua says the timing reflects Mobileye’s evolution into a global AI company rather than concerns over its recent performance. Read more
Former Meta AR/VR executives raise $21 million to build sensors for the AI era. Elio’s founders, Nadav Grossinger and Nitay Romano, spent seven years developing physical sensing systems at Meta. Now they are betting that artificial intelligence needs a fundamentally different way to see the world. Read more
Why investors poured $340 million into three Israeli cyber startups before anyone knew they existed. Oak, Neo and Glow emerged from stealth within days of each other, reflecting a broader shift toward AI-native enterprise security. Read more
ServiceNow’s latest earnings show why it paid $7.75 billion for Armis. Management devoted much of its quarterly update to explaining how the Israeli cybersecurity company fits into its strategy to become the enterprise AI control layer. Read more
Monday.com cuts 20% of workforce as it restructures for the AI era. The Israeli software company says it is replacing a structure built around managing work with one designed for AI agents and human collaboration, cutting about 620 jobs while redirecting resources toward its new strategy. Read more
Monday.com’s mass layoffs reveal the next phase of the AI shake-up in software. The Israeli software company is restructuring around AI as investors question whether SaaS companies can maintain their old growth models. Read more
AI security startup Glow emerges from stealth with $180 million at $1.2 billion valuation. Founded by former Meta, Snowflake and Claroty executives, the company is betting AI can transform endpoint security from reactive defense to prevention. Read more
Meta appoints Israeli executive Assaf Keren as Chief Information Security Officer. The former PayPal and Qualtrics security chief succeeds Guy Rosen and becomes Meta’s most senior Israeli executive. Read more
After founder departure, Cisco invests in Zafran Security. The strategic investment follows backing from American Express Ventures and expands the Israeli startup’s blue-chip investor base. Read more
OpenAI moves into Israel with first local hires. The ChatGPT maker is building its first commercial operation in Israel as competition for enterprise AI customers accelerates. Read more
Palo Alto Networks set to drive $260 million in ETF demand as TASE braces for $2.3 billion rebalance. Quarterly index changes will trigger one of the busiest trading sessions of the summer, creating significant buying and selling pressure across dozens of Israeli stocks. Read more
WSC cuts 10% of workforce as AI sports startup restructures. The sports-content automation company will lay off about 70 employees, most of them in Israel, as it adjusts to changing global market conditions. Read more
Former Rapyd executives raise $8 million Seed to solve a hidden problem in global payments. Cordant is developing a real-time coordination platform for banks and fintech companies as fragmented financial infrastructure and AI adoption make it harder to understand where money moves. Read more
Israel-built Nvidia switch heads to the world’s largest AI data centers. Microsoft, xAI, Tesla and Nebius are among the first companies deploying the next-generation networking technology. Read more
