Mobileye founder and CEO Amnon Shashua plans to step down from the top executive after nearly three decades, just as the company pushes ahead with robotaxi and humanoid robots.
Shashua will remain CEO until Mobileye hires a successor, according to a regulatory filing Thursday.
Mobileye began making computer vision chips based on Shashua’s academic research at the Hebrew University of Israel and has grown to become a major supplier of chips that power automotive safety and driver assistance features. It underwent the largest IPO in Israeli history, being acquired by Intel for $15.3 billion in 2017 and then spun off as a public company again in 2022, although Intel remains its largest shareholder.
Under Shashua, Mobileye went beyond selling chips to automakers and began building its own systems to handle autonomous driving, which it now supplies to Volkswagen and its MOIA subsidiaries.
In January, the company acquired Shashua’s humanoid robot startup Mentee Robotics for $900 million. Shashua called it part of “Mobileye 3.0,” the next phase of the business focused on robotics and automotive AI.
Mobileye said in June that it would move beyond supplier status and launch its own robotaxi service in U.S. cities in 2027.
