Intel purchased Mobileye for $15.3 billion in 2017, and then spun the company off as a publicly traded subsidiary in 2022. It still owns roughly 88% of the company. With today's gains, Mobileye's ...
The automaker is also testing a similar robotaxi service in California. In those rides, a human is behind the wheel and ready to intervene if the self-driving vehicle encounters issues.
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