Core Insights - AIBotics Inc. has partnered with Cannibble Food-Tech Ltd. to target Israel's $13 billion food service and hospitality market, with global AI service robotics adoption projected to grow over 20% annually, surpassing $90 billion this decade [1][2][3] Industry Overview - The partnership aims to accelerate the deployment of AI-powered service robots in food service, hospitality, and security markets, starting in Israel and expanding to North America, Latin America, and the Middle East [2][3] - The global service robot market is expected to grow at a compound annual rate of more than 20%, driven by labor shortages, rising wages, and demand for scalable operations [2][3] - In Israel, the food service sector generated approximately $8.1 billion in 2023, while the hotel industry produced $3.9 billion in revenue in the first nine months of 2022, and the fast-food segment has doubled to about $1.2 billion [2][3] Company Developments - AIBotics will distribute KEENON Robotics' advanced service robot portfolio, enhancing its offerings in the market [2] - Cannibble Food-Tech has established a Robot and AI Division to market AI-enhanced robotic technologies for food service, hospitality, and security applications [5] - The partnership includes a potential future equity transaction, indicating long-term strategic intent, with an initial three-year term and automatic renewals [6] Strategic Importance - The collaboration is positioned to leverage Cannibble's established industry relationships and regional presence to support scalable automation solutions in Israel, which is recognized as a global innovation hub [4][6] - The entry into Israel serves as a strategic gateway to the Middle East, where smart city initiatives and infrastructure investments are increasing the demand for robotics solutions [3][4]

ROSH HAAYIN, Israel, Jan. 23, 2026 (GLOBE NEWSWIRE) -- Cannibble Food-Tech Ltd. (CSE: PLCN) (“Cannibble” or the “Company”) today announced the establishment of a Robotics and Artificial Intelligence Division for the Food and Hospitality Industry and the execution of a partnership agreement with AIBotics Inc. (OTC: AIBT) (“AIBotics”), a developer of AI-enhanced service robots and automation software. The newly established division is intended to support Cannibble’s evaluation and potential commercialization ...