Search results for Mentee Robotics
Industry
China\'s auto industry bets on humanoid robots as next growth engine, following Tesla
Chinese automakers are stepping up investment in humanoid robots as a next-generation profit business, seeking new revenue as electric-vehicle profitability declines. Xpeng\'s robotics unit raised more than $900 million at a valuation above $6.3 billion, with investors including IDG Capital, Gaorong Ventures, Tencent and Alibaba. Analysts say China has an edge in manufacturing and supply chains, but AI will determine competitiveness against Tesla. Global automakers are also expanding robot efforts.
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
Manufacturing convergence puts \'physical AI\' in focus
Companies are accelerating moves to develop physical AI that blends AI with the real world. At CES 2026, firms showcased technologies ranging from Nvidia’s autonomous driving lineup to robotics training based on Nvidia’s open humanoid model. Partnerships between manufacturers and AI companies are expanding, while Mobileye plans a $900 million acquisition in the sector. The article also notes signs that applying AI to manufacturing can be difficult, citing limited progress in Nvidia’s Omniverse monetisation efforts.
