Can my MacBook Air 2017 update safari 14?

Safari is built into the version of macOS the computer is presently running. Safari in High Sierra is version 13 and AFAIK - Apple has not offered a Standalone upGrade for Safari on High Sierra.

To achieve the upgrade of Safari to version 14 - one would need to upGrade to a more recent version of macOS.

The Age of this computer will Govern what newer version of macOS it will Qualify to install. Use About this Mac from the Apple Icon on Desktop - the required Information will be there.

With the above information in-hand - follow this How to get old versions of macOS and verify what version this computer Qualifies to install.  For Best results use Safari to commence the download as Others may not work. Safari will open a redirect to open the Apple Store from which the newer version of macOS can be downloaded.

Make Time Machine Backup  is very useful and can be used to Revert to Previous Working macOS

Notation - Mojave is the Last version to support 32 bit applications / extensions and Drivers. Catalina & Big Sur supports only 64 bit and there is no workaround.

Suggest using Go64 to find 32 bit application before attempting the upGrade. Some or many of the Application already installed may required update or upGrades to 64 Bit Versions.

Are there any AntiVirus, Disk Cleaner, Optimizers, Un-installers, etc installed which should be removed as per Developers Instructions. They are useless, unneeded, cause havoc and interfere with the normal operation of the OS and may even Corrupt the OS requiring a Reinstallation