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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.

AI & Enterprise

Auk raises $60 million seed to target management of enterprise app and AI agent access rights

Identity management startup Auk has raised a $60 million seed round to help prevent unauthorised access to corporate applications. The round was co-led by Accel, Greylock Partners and CRV, with participation from Hetz Ventures, AlphaDrive Ventures and multiple angel investors. Based in Tel Aviv, Auk is led by CEO Shai Morag (샤이 모라그). The company offers a platform that identifies employee application accounts and AI agents, flags risks and checks segregation-of-duties compliance.

AI & Enterprise

Nvidia to power AI data centres with waves, develops next-generation wave energy

As power shortages emerge as a global challenge amid expanding AI infrastructure, Nvidia’s AI technology is being used in renewable energy that converts ocean waves into electricity. Wave energy company Eco Wave Power is developing a next-generation wave power system using Nvidia AI infrastructure and Omniverse digital-twin technology. It plans to install equipment on existing ports and breakwaters near high-demand areas, simulate designs in advance and improve reliability by moving key hardware onshore.