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50+ Israeli AI Deals, Apple Leads $1.5 B Purchase

7/3/2026

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Story summary
  • More than 50 mergers and acquisitions involving Israeli AI startups were announced in the first half of 2026.
  • Apple’s $1.5 billion purchase of Q.ai, Cisco’s $400 million buy of Astrix, Mobileye’s $900 million acquisition of Mentee Robotics and Check Point’s Israeli deals illustrate intense AI sector activity.
  • Former prime minister Naftali Bennett likened AI to electricity and warned that diplomatic isolation and Iran’s resurgence make domestic AI crucial for Israel’s survival.