Mobileye CEO Amnon Shashua to Transition as Company Ventures into Robotaxi and Robotics Innovations
Amnon Shashua, the founder and CEO of Mobileye, is set to resign from his position after nearly 30 years, coinciding with the company’s ventures into robotaxi services and humanoid robotics.
According to a regulatory announcement on Thursday, Shashua will remain in his role until a successor is found.
Mobileye originated from Shashua’s academic research at Hebrew University in Israel, initially focusing on computer vision chips. The company has since evolved into a leading supplier of chips that enhance automotive safety and driver-assistance technologies. It achieved the largest initial public offering in Israel’s history and was acquired by Intel in 2017 for $15.3 billion. In 2022, Mobileye became a publicly traded entity again, although Intel continues to hold a significant share in the company.
Under Shashua’s leadership, Mobileye expanded its offerings beyond chip manufacturing for automakers by developing its own autonomous driving systems, which are now utilized by Volkswagen and its MOIA subsidiary.
Earlier this year, the company purchased Shashua’s startup Mentee Robotics for $900 million, which he described as a key part of “Mobileye 3.0,” signaling a shift towards robotics and automotive artificial intelligence.
In June, Mobileye announced plans to transition from a supplier role to launching its own robotaxi service in a U.S. city by 2027.
