Mobileye, an autonomous driving company with over 230 million EyeQ system-on-chips deployed across roughly 1,200 vehicle models, used Amazon Bedrock AgentCore to deploy an AI Support Agent that cut re…
NXP Semiconductors is in talks to acquire Ambarella, a Santa Clara-based designer of AI vision chips for autonomous vehicles, in a deal valued at roughly $3.3 billion, as reported by the Financial Tim…
Mobileye founder Amnon Shashua is stepping down as CEO, ending an era for the autonomous driving company that Intel acquired for $15.3 billion in 2017. The planned leadership transition, announced Jul…
Qualcomm CFO Akash Palkhiwala told investors on June 24 that the company has an opportunity to grow annual revenue to $100 billion, up from the current $30-$40 billion range, driven by automotive, IoT…