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Israeli company Mobileye soars after its Nasdaq debut

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Mobileye Global (Nasdaq: MBLY), an Israeli self-driving car and advanced driver-assistance systems unit, had a lucrative Wall Street debut Wednesday. Mobileye returned to Wall Street after five and a half years as an Intel-owned private company....

Mobileye stocks to begin trading on Nasdaq

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Israel-based Mobileye will begin trading stocks on the Nasdaq exchange on Wednesday, after the company announced the previous day it had finalized a price per share of $21 to raise $861 million in its...
Former U.S. Ambassador Daniel B. Shapiro (left) witnesses the technology of the Israeli self-driving car system developer Mobileye, which was acquired by Intel in 2017 for $15 billion. Credit: U.S. Embassy Tel Aviv.

Israeli-developed robotaxis to debut in Munich next year

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Driverless robotaxis are set to hit the streets of Munich next year, courtesy of Israeli autonomous-driving technology giant Mobileye and partners. Plans for the robotaxi service were recently unveiled at the IAA Mobility Conference in...
Intel Israel at the MATAM high-tech and business park in Haifa. Credit: Intel.com.

Intel announces $600 million boost to Israel operations

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Computing giant Intel Corp plans to invest an additional $600 million in their Israeli operations, Intel CEO Pat Gelsinger announced last week. Gelsinger made the announcement during a one-day visit to Israel as part of...
CEO of Mobileye and co-founder of OrCam Amnon Shashua. Credit: Heinz Troll European Patent Office.

Israeli leader in artificial intelligence earns $1 million Dan David Prize

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Israeli tech leader Amnon Shashua will be awarded the 2020 Dan David Prize for his contributions to the field of artificial intelligence (AI) as CEO of Mobileye and co-founder of OrCam, a tech company...
Visitors try different forms of alternative transportation at the fifth annual Fuel Choices and Smart Mobility Summit in Tel Aviv. Oct. 31, 2017. Photo by Miriam Alster/Flash90.

Self-driving cars to reach Israel as early as 2019

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A new proposal by three major car-related companies will bring self-driving vehicles to Israel as early as 2019. A proposal submitted during the Smart Mobility Summit in Tel Aviv by Volkswagen Group, Champion Motors and...

The Mobileye deal: Start-up Nation or Torn-up Nation?

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The largest ever purchase of an Israeli tech company was announced yesterday. Intel is taking over Mobileye for $15 billion. A hefty sum. A notable achievement. First and foremost, it is the achievement of...