Autonomous driving technology company Mobileye founder Amnon Shashua (암논 샤슈아) plans to step down as chief executive after about 30 years. Shashua will remain CEO until a successor is chosen.
According to IT outlet TechCrunch on July 23, the leadership change comes as Mobileye expands its business into robotaxis and humanoid robots. Shashua grew the company beyond supplying chips to automakers into a systems business that directly handles autonomous driving, and the system is currently supplied to Volkswagen and its unit MOIA.
Mobileye started as a computer-vision chip company based on Shashua's academic research at the Hebrew University of Jerusalem in Israel. It later grew into a key chip supplier powering automotive safety and driver-assistance functions. The company went through Israel's largest initial public offering, and Intel bought it for $15.3 billion in 2017. It was later spun off again as a listed company in 2022, but Intel remains the largest shareholder.
Recent moves also align with the final expansion phase under Shashua. Mobileye acquired Shashua's humanoid robot startup Mentee Robotics for $900 million in January. Shashua at the time described the deal as part of "Mobileye 3.0". He has said the company's next stage is a business focused on robotics and automotive artificial intelligence.
The robotaxi business is also emerging as a separate inflection point. In June, Mobileye said it would start its own robotaxi service in a U.S. city in 2027. It plans to move beyond being a supplier to automakers and become a service operator.
As a result, Mobileye's next CEO will face the task of maintaining its existing driver-assistance and autonomous driving technology business while also advancing the new pillars of robotaxis and robotics. Key points to watch are whether Shashua's "Mobileye 3.0" leads to an actual shift in the business structure and whether the 2027 U.S. robotaxi launch plan proceeds as scheduled after the leadership change.