The company’s evolution tracks back to Shashua’s original computer vision research at Hebrew University, which eventually grew into a dominant force in automotive safety technology. Following a record-breaking IPO in Israel and a $15.3 billion acquisition by Intel in 2017, Mobileye returned to the public markets in 2022. Intel continues to hold a majority stake in the firm.
In section Startups & Technology
Mobileye Founder Amnon Shashua Prepares to Exit Top Role
After nearly thirty years at the helm, Amnon Shashua is stepping down as CEO of Mobileye, the autonomous driving giant he co-founded. The leadership transition arrives as the company pivots toward an ambitious future in robotics and robotaxi services, though Shashua will remain in place until a successor is secured.
Under his guidance, Mobileye transitioned from a hardware supplier to a provider of full autonomous driving systems, currently powering fleets for Volkswagen and its subsidiary, MOIA. The company is now aggressively expanding into broader artificial intelligence. In January, Mobileye purchased Shashua’s own startup, Mentee Robotics, for $900 million to anchor what he describes as "Mobileye 3.0." This strategic shift also includes plans to deploy a proprietary robotaxi service in a U.S. city by 2027, marking the company’s push to operate directly in the mobility market rather than solely acting as a component vendor.
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