From Mobileye to doubleAI and beyond, Amnon Shashua is preparing for …
By ai_poster · 7/28/2026, 12:47:37 AM
Prof. Amnon Shashua announced his intention to retire as CEO of Mobileye, a decision that did not surprise those who have followed the company. Shashua founded Mobileye in 1999 alongside Ziv Aviram. Mobileye went public in 2014 at a valuation of approximately $5.3 billion before being acquired by Intel in 2017 for $15.3 billion. In late 2022, Mobileye returned to the Nasdaq as an independent public company. During a conference call, Shashua said the managerial burden had become “too much of a burden,” noting that running a company with approximately 4,200 employees requires a different skill set from that of a scientist and entrepreneur. The decision also comes against a backdrop of growing pressure from investors, who have struggled with Mobileye’s heavy research and development spending and the long timelines for commercializing autonomous driving technology. Shashua’s involvement in other ventures, including AI21 Labs and One Zero Bank, has raised questions about whether his attention was sufficient.
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