The Bank of Israel announced in September 2019 that it had authorized Shashua and Nacht to establish the digital bank – the first banking license granted in over four decades.
"Our confidence in the maturity of our self-driving technology is why we feel we can meet the timeline," Mobileye CEO Prof. Amnon Shashua said.
‘Quarantine the high-risk’ and let everyone else free
Everything from corona hotels to the newest hi-tech innovations.
Company announces NIS 10 million fund to help stabilize economy and maintain public’s resilience
Shashua and Aviram's previous start-up, Mobileye, claimed the title for largest Israeli IPO ever, and in August 2017, Intel acquired Mobileye for an unprecedented valuation of approximately $15.3B
Mobileye, Intel's Israel-based autonomous driving unit, showed the car navigating through four-way intersections with no traffic lights, and changing lanes to weave into traffic.
Should Intel complete the acquisition of Habana Labs, the deal would represent the company's second largest in Israel so far.
Mass emigration of Israel’s most tech-savvy individuals starves start-ups of talented hires and puts a ceiling on their growth.
Designed by architect Moshe Tzur and constructed by the Tel Aviv-listed Afcon Holdings Group, the center is scheduled to open in October 2022.