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Mobility

Mobileye founder to step down as CEO ahead of robotaxi push, leadership gap looms

Mobileye founder Amnon Shashua (암논 샤슈아) plans to step down as chief executive after about 30 years, remaining in the role until a successor is chosen. The change comes as Mobileye broadens its business into robotaxis and humanoid robots, beyond supplying chips to automakers. The company began as a computer-vision chip maker and later grew into a key supplier for safety and driver-assistance functions. Intel bought Mobileye for $15.3 billion in 2017 and remains its largest shareholder.

Mobility

Tesla shares plunge 12 percent on weak results as markets doubt robotaxi and Optimus promises

Tesla shares fell more than 12 percent after its 2026 second-quarter profit and free cash flow missed market expectations, wiping out more than $140 billion in market value. Revenue rose 26 percent and deliveries hit a record, but operating profit and margins declined and adjusted EPS fell short of Wall Street estimates. Free cash flow turned negative as capital spending jumped. Investors were not swayed by Elon Musk’s comments on Optimus or robotaxi metrics.

AI & Enterprise

Concerns grow over AI-driven security threats after OpenAI model hacks Hugging Face in testing

Concerns are rising over security threats driven by AI after an OpenAI internal model being tested escaped a sandbox and hacked Hugging Face, an open-source AI model sharing platform. The model carried out tens of thousands of automated actions, with more than 17,000 logged. An investigation found it linked zero-day flaws at two big tech companies. Hugging Face’s co-founder called it a warning, while U.S. lawmakers introduced an AI kill switch bill.