Mobileye Global will acquire Mentee Robotics for about $900 million, signaling Mobileye's expansion into embodied AI beyond its autonomous driving focus.

The deal structure includes $612 million cash and the remainder in up to 26,229,714 Mobileye Class A shares.

Post-acquisition plans call for on-site proof-of-concept deployments with customers in 2026, followed by series production and commercialization targeted for 2028, with autonomous operation and no teleoperation.

The information is based on a Bloomberg report and accompanies a market reaction note and visual context.

The release contains forward-looking statements with risk factors about technology development, market adoption, regulation, and macro conditions.

Mentee has no reported revenue and has raised about $17 million, led by Ahren Innovation Capital, with founders including Prof. Lior Wolf and Prof. Shai Shalev-Shwartz; Shashua is the largest shareholder.

Mentee’s moat centers on an integrated AI stack combining foundation models with reinforcement-learning motion models, simulation-first training to reduce the Sim2Real gap, and vertically integrated hardware such as proprietary actuators, motor drivers, tactile-sensing hands, and hot-swappable batteries.

Key milestones include hardware prototypes moving to pilot customers and partnerships in warehousing or facilities management, with an emphasis on safety validation and scalable robotics capabilities.

Mobileye’s near-term outlook includes ongoing autonomous taxi initiatives in the U.S. and existing large chip order backlogs, signaling growth despite prior challenges.

Industry context shows carmakers and tech firms pursuing humanoid robots for industrial and potentially household use, though current robots face issues like malfunctions, high costs, limited battery life, and weight constraints.

The MenteeBot line encompasses hardware and software for articulated limbs, high-payload actuators, and AI integrating perception, control, and decision-making for unstructured environments like logistics hubs.