Mobileye CEO Amnon Shashua Resigns Amid Expansion into Robotaxis and Robotics

Amnon Shashua, the founder and CEO of Mobileye, is poised to step down from his leadership position after nearly three decades, coinciding with the company’s efforts in robotaxis and humanoid robotics.

According to a regulatory filing on Thursday, Shashua will remain as CEO until a successor is appointed.

Mobileye was born out of Shashua’s research at Hebrew University in Israel, focusing on the development of computer vision chips that are vital for automotive safety and driver-assistance technologies. The company set Israel’s record for the largest IPO, was acquired by Intel in 2017 for $15.3 billion, and subsequently became publicly traded again in 2022, with Intel holding the majority stake.

During Shashua’s leadership, Mobileye broadened its scope beyond chip manufacturing, creating its own autonomous driving systems, which are now supplied to Volkswagen and its MOIA subsidiary.

In January, the firm acquired Shashua’s humanoid robotics startup, Mentee Robotics, for $900 million, marking what Shashua termed “Mobileye 3.0,” a new phase focusing on robotics and automotive AI.

Furthermore, in June, Mobileye revealed its ambition to launch its own robotaxi service in a U.S. city by 2027, moving beyond its role as a supplier.