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Self-driving car systems company Mobileye Global is acquiring Israeli startup Mentee Robotics in a cash-and-stock deal valued at $900 million, as it looks to develop humanoid robots.
The deal aims to support development of physical AI across the fields of autonomous driving and humanoid robotics.
Mobileye is acquiring Mentee Robotics for $900 million to pursue leadership in both autonomous driving and humanoid robotics.