Mobileye acquires Mentee Robotics for $900M, pushing into humanoid robots and Physical AI
12 Sources
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Mobileye acquires humanoid robot startup Mentee Robotics for $900M
Mobileye made its name, and money, by supplying automakers with millions of computer vision chips designed to support automotive safety features and advanced driver assistance systems. The Intel subsidiary and publicly traded company later expanded to tackle autonomous driving through its chips and
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Mobileye to Buy Humanoid Robot Maker Mentee for $900 Million
Mentee will continue to operate independently for at least two years and will gain access to Mobileye's customer base, with plans to develop humanoids for household use by the end of the decade. Self-driving car systems company Mobileye Global Inc. is acquiring Israeli startup Mentee Robotics in a
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Mobileye to acquire humanoid robotics startup Mentee for $900 million
LAS VEGAS, Jan 6 (Reuters) - Mobileye Global (MBLY.O), opens new tab on Tuesday said it would acquire humanoid robotics startup Mentee Robotics for about $900 million, as the Israeli self-driving technology firm bets on what it sees as the next frontier of artificial intelligence. The deal
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Mobileye to acquire AI humanoid robotics startup Mentee Robotics in $900M deal - SiliconANGLE
Mobileye to acquire AI humanoid robotics startup Mentee Robotics in $900M deal Automotive chip maker Mobileye Global Inc. announced today that it had entered an agreement to acquire artificial intelligence humanoid robotics company Mentee Robotics Ltd. in a $900 million deal. The deal consists of
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Mobileye acquires Mentee Robotics for $900 million to enter humanoid market
Mobileye, an Intel subsidiary, announced at CES in Las Vegas the acquisition of Mentee Robotics for $900 million to advance into robotics under its Mobileye 3.0 phase, led by co-founder Amnon Shashua who co-founded the target in 2022. Mobileye established its position in the market by supplying
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Mobileye Pitches Robotaxis As Next Big Growth Vertical At CES - Mobileye Global (NASDAQ:MBLY)
Mobileye Global Inc. (NASDAQ:MBLY) used its CES stage to widen its bet beyond driver assistance, unveiling a $900 million deal for Mentee Robotics that pushes the company into "physical AI" for industrial fleets. At the same time, the company framed robotaxis as a core growth vertical, detailing a
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Mobileye buys Shashua's Mentee Robotics for $900m
Mobileye has agreed to acquire Mentee Robotics, a robotics startup also founded by Amnon Shashua Israeli advanced driving assistance systems (ADAS) company Mobileye Global Inc (Nasdaq: MBLY) founder and CEO Prof. Amnon Shashua announced last night at the CES electronics trade show in Las Vegas
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Why Mobileye Stock Rose Today
A bold acquisition should bolster the computer vision leader's physical AI ambitions. Shares of Mobileye Global (MBLY +0.49%) climbed on Wednesday after the autonomous driving technology provider struck a deal to acquire Mentee Robotics for $900 million in cash and stock. By the close of trading,
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Mobileye's Mentee Robotics acquisition seen by analysts as broadening scope of company
Shares of Mobileye (MBLY) rose about 2% on Wednesday after the company said it would acquire humanoid robotics startup Mentee Robotics for about $900M, which drew largely positive reactions from analysts. "The acquisition broadens MBLY's scope beyond automotive end markets The acquisition expands
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Why Is Mobileye Stock Soaring Wednesday? - Mobileye Global (NASDAQ:MBLY)
Mobileye Global Inc. (NASDAQ:MBLY) disclosed a definitive agreement to acquire Mentee Robotics, an AI-first humanoid robotics company, for $900 million, subject to adjustments. The total consideration comprises approximately $612 million in cash and up to approximately 26.2 million Mobileye Class
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Stock Market Today, Jan. 7: Mobileye Global Jumps After Announcing $900 Million Mentee Robotics Acquisition | The Motley Fool
Mobileye Global (MBLY +0.49%), which develops advanced driver-assistance systems (ADAS) and autonomous driving technologies, closed Wednesday's session at $12.24, up 0.49%. The action followed premarket news of Mobileye's $900 million acquisition of Mentee Robotics. Trading volume reached 50.8
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Mobileye to acquire humanoid robotics startup Mentee for $900 million
LAS VEGAS, Jan 6 (Reuters) - Mobileye Global on Tuesday said it would acquire humanoid robotics startup Mentee Robotics for about $900 million, as the Israeli self-driving technology firm bets on what it sees as the next frontier of artificial intelligence. The deal highlights the overlap between
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Intel subsidiary Mobileye announced a $900 million acquisition of Mentee Robotics at CES, marking its bold entry into humanoid robotics. Co-founder Amnon Shashua calls this Mobileye 3.0, combining automotive autonomy expertise with breakthrough robotics technology. The deal aims to deploy general-purpose humanoid robots in factories and fulfillment centers by 2026.
Mobileye Announces $900 Million Deal for Humanoid Robot Startup
Mobileye, the Intel subsidiary known for supplying computer vision chips to automakers, announced Tuesday at CES in Las Vegas that it has reached a deal to acquire Mentee Robotics for $900 million
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. The Mobileye acquisition consists of approximately $612 million in cash and up to 26.2 million shares of common stock2
. The transaction, approved by Mobileye's board and Intel, its largest shareholder with a 23% stake, is expected to close in the first quarter of 20263
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Source: Reuters
This $900 million deal marks what Amnon Shashua, Mobileye's co-founder and president, describes as the beginning of Mobileye 3.0—a strategic shift from autonomous driving into Physical Artificial Intelligence and robotics
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. The transaction is expected to modestly increase Mobileye's operating expenses in 2026 by a low-single-digit percentage5
.Founder Overlap and Strategic Vision Behind the Deal
The acquisition is notable for the significant overlap between the two companies' leadership. Amnon Shashua co-founded Mentee Robotics in 2022 and serves as its chairman while leading Mobileye as CEO
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. Another Mentee co-founder, Shai Shalev-Shwartz, serves as chief technology officer at Mobileye2
. Shashua recused himself from the Mobileye board's consideration and approval of the transaction1
."By combining Mentee's breakthroughs in humanoid robotics with Mobileye's expertise in automotive autonomy, and its proven ability to productize advanced AI, we have a unique opportunity to lead the evolution of physical AI across robotics and autonomous vehicles on a global scale," Shashua said Tuesday
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. The deal highlights the overlap between autonomous driving and robotics, where similar sensing, perception and decision-making technologies underpin the emerging field of embodied AI3
.Mentee Robotics Technology and AI Training Method
Mentee Robotics has developed general-purpose humanoid robots using an innovative AI training method that bypasses the need for massive real-world data collection
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. The humanoid robot startup transforms a single human demonstration into millions of virtual repetitions, addressing one of the biggest bottlenecks in robotics4
. This "mentoring" paradigm allows robots to learn complex tasks from limited demonstrations and then generalize that behavior through simulation-based learning4
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Source: Bloomberg
At Mentee's offices in Herzliya, near Tel Aviv, engineers train life-size humanoids to perform tasks like battery replacement. CEO Lior Wolf, a former Facebook AI Research director, explained that the company develops nearly all hardware and software components in-house, including actuators, batteries, robotic hands and algorithms . "We need to minimize the gap between simulation and reality, the sim-to-real gap," Wolf said, noting that training in a simulator differs significantly from real-world performance .
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Market Strategy and Production Timeline
Mentee Robotics will continue to operate as an independent unit within Mobileye for at least two years and will gain access to Mobileye's customer base, which includes the world's largest carmakers . First proof-of-concept deployments with customers are expected in 2026, with series production and commercialization targeted for 2028
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. The deployments are intended to operate autonomously without teleoperation4
.The startup will begin rolling out humanoids for fulfillment centers and factories, targeting use cases where traditional industrial robots fall short in unstructured or dynamic environments . "There's a lot of overlap with customers, because if we're saying that the first generation will go to fulfillment centers and production plants, who's producing? Carmakers are producing," Shashua explained . Mentee hopes to develop humanoids for household use by the end of the decade, with Shashua expecting prices could drop below $20,000 if production ramps up to 100,000 robots .
Mobileye's Financial Position and Automotive Business
Mobileye supports this expansion into Physical Artificial Intelligence with a substantial automotive revenue pipeline totaling $24.5 billion over the next eight years, driven by advanced vehicle autonomy and core driver assistance systems technology
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. That pipeline figure is up more than 40% compared to January 20235
. The acquisition news came one day after Mobileye announced that a top-10 automaker struck a deal to buy 9 million of its EyeQ6H-based Surround ADAS systems for hands-off advanced driver assistance1
. Mobileye now estimates future delivery of more than 19 million EyeQ6H-based Surround systems1
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Source: Benzinga
Mentee Robotics had raised approximately $50 million to date at an undisclosed valuation before the acquisition, with investors including Cisco and Samsung's VC arms . Interest in humanoid robotics is surging across the industry, driven by the idea that human-like forms can better adapt to existing warehouses, factories and complex settings
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. The market for humanoid robots in car assembly is expected to reach $5 billion by 2035, according to Bloomberg Intelligence, though existing models operate at about half the efficiency of humans in complex tasks and cost around $150,000 .References
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