Mobileye has entered into a definitive agreement to acquire Mentee Robotics, an AI-first humanoid robotics startup, in a transaction valued at $900 million, as the company moves to broaden its focus beyond autonomous driving into what it describes as “physical artificial intelligence”.
Under the terms of the deal, the consideration will comprise approximately $612 million in cash and up to 26.2 million shares of Mobileye Class A common stock, subject to certain adjustments. The transaction is expected to close in the first quarter of 2026, pending customary conditions.
Mobileye said the acquisition brings together its autonomy stack and automotive-grade production experience with Mentee’s vertically integrated humanoid robot platform and AI talent. [Read more…] about Mobileye to acquire Mentee Robotics in $900m deal to expand physical AI ambitions
