In March, chipmaker Intel filed for an initial public offering of its Mobileye technology subsidiary. Intel plans to maintain majority ownership of Mobileye following the IPO, which it hopes will unlock value for shareholders. Until investors can buy shares of the Mobileye IPO, owning Intel is the only way to get access to one of the top AV technology companies in the world. Israel-based Mobileye is currently testing autonomous vehicles in a number of major global cities, including New York, Detroit, Tokyo, Jerusalem, Shanghai and Munich, and has launched its first on-demand self-driving mobility service in Paris.
It’s not only Waymo, Cruise building self-driving car services. Intel’s Mobileye plans to launch
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