Articles

  • Jan 30, 2025 | en.globes.co.il | Amnon Shashua |Shiri Habib-Valdhorn

    The Israeli advanced driving assistance systems company predicts revenue of $1.69-1.81 billion in 2025, below the analysts' forecast of $1.96 billion. Israeli advanced driving assistance systems (ADAS) company Mobileye Global Inc (Nasdaq: MBLY) ended a challenging year by beating the anallysts in its fourth quarter financial results but guidance for 2025 disappointed investors and saw its share price fall sharply in premarket trading on Wall Street.

  • Dec 4, 2024 | en.globes.co.il | Amnon Shashua |Meytal Vaizberg

    AA-I Technologies (Double AI), which was founded in August 2023 in Jerusalem by Prof. Amnon Shashua, published a paper today presenting a new theoretical framework for artificial intelligence called Artificial Expert Intelligence. The study concerns the development of artificial intelligence systems that combine knowledge of a field with scientific thinking capabilities.

  • Sep 19, 2024 | en.globes.co.il | Amnon Shashua |Assaf Gilead

    The share price of advanced driving assistance systems (ADAS) company Mobileye Global Inc. (Nasdaq: MBLY) is up 8% in premarket trading after Intel Corp. (Nasdaq: INTC) made it clear that it has no plans to divest its majority stake in the Israeli company. Intel said, "As the majority shareholder in Mobileye, Intel has an unwavering focus on value creation and is excited about the future of its business. We currently do not have any plans to divest a majority interest in the company.

  • Aug 13, 2024 | globes.co.il | Amnon Shashua |Assaf Gilead

    2024 started on the left foot for Israeli super-entrepreneur Prof. Amnon Shashua, who presides over an empire of companies built around artificial intelligence, the main one being Mobileye (Nasdaq: MBLY). Downgraded guidance, layoffs, and an image crisis have hit several of his companies, which, on the face of it, have nothing in common apart from Shashua himself. The latest news came from OrCam, the smart eyeglasses company founded by Shashua and his former colleague at Mobileye Ziv Aviram.

  • Jul 28, 2024 | globes.co.il | Amnon Shashua |Meytal Vaizberg

    Israeli company OrCam, which develops devices to assist those with visual and hearing impairments, is to halt development of its flagship product for visual aid. The company, which was founded by Mobileye Global Inc. (Nasdaq: MBLY) founders Amnon Shashua and Ziv Aviram, will focus on its development of devices for the hard of hearing. As part of the new focus, dozens of employees will be laid off, according to market sources. The company has 80 employees in Israel, according to IVC.

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