Mobileye CEO Amnon Shashua is stepping aside as the company moves toward robots and robotics

Mobileye founder and CEO Amnon Shashua plans to step down from the top leadership role after nearly three decades, just as the company moves toward taxis and humanoid robots.

Shashua will remain CEO until Mobileye appoints a replacement, according to A Regulatory filing Thursday.

Mobileye began manufacturing computer vision chips based on academic research conducted by Shashua at Hebrew University in Israel, and has grown into a major supplier of chips that support automotive safety and driver-assistance features. It was the largest IPO in Israel’s history acquired In 2017 from Intel for $15.3 billion Weave again As a publicly traded company in 2022, although Intel remains its largest shareholder.

Under Shashua, Mobileye also moved beyond selling chips to automakers and began building its own systems. Dealing with self-drivingwhich now supplies it to Volkswagen and its subsidiary MOIA.

In January, the company acquired Shashua’s humanoid robotics startup Mentee Robotics 900 million dollarswhich Shashua described as part of “Mobileye 3.0,” the next phase of work focused on robotics and artificial intelligence in cars.

Mobileye also said in June that it would expand beyond being a supplier to launch its own services Private robotaxi service In an American city in the year 2027.