The Latest Breaking News from Mobileye

Intel stock edged up Monday, as it gets ready to spin off its self-driving tech company Mobileye, which could raise $820 million.

Intel's initial public offering for its self-driving technology unit Mobileye values the company at less than a third of previous estimates.

Elon Musk is capturing the attention of Germany's finest in the auto sector. Der Spiegel reports on Tesla's agility (and creative) management of the chip crisis.

Since the advent of digitalization and connectivity-based platforms, industry leaders looked to the world’s transportation networks as the battleground for the next disruptive technology.

Intel Corp's (NASDAQ:INTC) self-driving car unit, Mobileye, has confidentially filed paperwork for a U.S. IPO, Reuters reports. The IPO could value the Israeli unit at over $50 billion. Intel acquired Mobileye for $15.3 billion in 2017 to fire up rivalry with Nvidia Corp (NASDAQ:NVDA) and Qualcomm Inc (NASDAQ:QCOM) in developing driverless systems for automakers. Intel CEO Pat Gelsinger…

Intel Corp's Mobileye unit plans to build and deploy self-driving electric shuttle vehicles with its partners in the United States in 2024, in a bid to scale up its automated driving systems beyond taxis and delivery vehicles, executives told Reuters. Mobileye, Benteler EV Systems and Beep will launch the on-demand…

Intel Corp's (NASDAQ:INTC) Mobileye unit looks to build and deploy self-driving electric shuttles with its partners in the U.S. in 2024. Mobileye, Benteler EV Systems, and Beep will launch the on-demand driverless shuttles, which will feature 12 to 14 seats and no steering wheel or pedal, Reuters reports. They will operate the vehicles in…