Mobileye founder and CEO Amnon Shashua plans to step down from the top leadership post after nearly three decades, as the company pivots to robotaxis and humanoid robots.
Shashua will remain CEO until Mobileye hires a replacement, according to one regulatory filing Thursday.
Mobileye began making computer vision chips based on Shashua’s academic research at Hebrew University in Israel, and grew into a major supplier of chips powering automotive safety and driver-assistance features. It was the largest IPO in Israel’s history acquired $15.3 billion by Intel in 2017 turned back out As a publicly traded company in 2022, however, Intel remains its largest shareholder.
Under Shashua, Mobileye also moved beyond selling chips to automakers and started building its own systems. handle autonomous drivingWhich it now supplies to Volkswagen and its MOIA subsidiary.
In January, the company acquired Shashua’s humanoid robotics startup Menti Robotics $900 millionPart of what Shashua called “MobileAI 3.0,” the next phase of the business focuses on robotics and automotive AI.
Mobileye also said in June that it would expand beyond its supplier status to launch it own robotaxi service In an American city in 2027.
