Mobileye

Mobileye stock plummets following Amnon Shashua’s departure

Mobileye stock fell 15% after founder and CEO Prof. Amnon Shashua announced his resignation, despite the company reporting improved profitability.

Prof. Amnon Shashua
Graphic novel ‘Between the River and the Sea’ by Hillel Cohen.

Jerusalem highlights: January 16-22

Mobileye has agreed to acquire Mentee Robotics, a robotics startup also founded by Amnon Shashua

Israel's Mobileye buys CEO Shashua's Mentee Robotics for $900 million

Workers from the high-tech sector protest, in Tel Aviv, on January 31, 2023 (illustration).

Israeli hi-tech shifts to employer market as perks fade, hiring tightens - analysis


Intel's Mobileye unit set for strong market debut

Shares of Mobileye Global Inc were set to open 20% higher on Wednesday, potentially valuing the self-driving technology unit of Intel Corp at nearly $20 billion.

 Professor Amnon Shashua, president and chief executive officer of Mobileye, speaks with Intel CEO Pat Gelsinger before ringing the opening bell for Mobileye Global Inc, at Times Square in New York City, U.S., October 26, 2022.

Mobileye targets up to $16 bln valuation in US IPO

Mobileye's initial public offering follows Porsche's blockbuster debut in Europe and could be an early sign of improving investor sentiment.

Mobileye is set to open an extensive campus in Har Hotzvim

Intel's self-driving unit Mobileye files for US IPO

Mobileye, an Israeli company that Intel bought for about $15.3 billion in 2017, uses a camera-based system with adaptive cruise control and lane change assistance in driverless cars.

A general view of a Mobileye autonomous driving test vehicle, at the Mobileye headquarters in Jerusalem

Mobileye vets launch start-up to assess what drugs should go to trial

OMEC.AI, founded by Ori Shachar and Amir Harel, aims to transform the process of drug discovery and development for the betterment of human health.

 OMEC.AI founders (from left) Ori Shachar and Amir Harel.

Five reasons Israeli tech growth is just beginning

In 2021 alone, both the size and volume of investments in the Israeli tech ecosystem grew exponentially. Some $25.6b. was invested in Israeli tech start-ups.

 A worker tends to systems in the back of a Mobileye autonomous driving test vehicle, at the Mobileye headquarters in Jerusalem

2022 sets the record in Jewish youth groups visiting Israel

After two years of the pandemic, 2022 has been a record year in the last decade so far in the arrival of Jewish youth groups from all over the world.

 Jewish youth groups arrive in Israel thanks to Maccabi World Union.

Intel's Mobileye, partners to launch self-driving shuttles in US in 2024

The shuttles will be operated in "contained geo-fenced areas" where speed limits are 35 miles an hour or less.

 A view shows a self-driving electric shuttle that Mobileye, Benteler EV Systems and Beep, plan to launch in the U.S. in 2024, in this undated artist's rendering handout picture.

As AI Week kicks off, here are a few notable topics of discussion

Where is AI headed? A virtual three-day conference hostel by TAU and co-founded by Intel intends to find out.

Artificial intelligence

Mobileye announces autonomous driving chip; collaborations with VW, Ford, and Zeekr

Eye Q is Mobileye’s answer to the growing interest in autonomous vehicles (AVs): the system-on-chip is “purpose built for autonomous driving”, according to the company.

 ME and Zeekr

Intel Global appoints 10 Israelis to senior positions

Intel has recently been making moves in the Israeli market.

U.S. chipmaker Intel Corp's logo is seen on their "smart building" in Petah Tikva, near Tel Aviv