Mobileye founder and CEO Amnon Shashua plans to step down from the top leadership role after nearly three decades, just as the company moves toward robotaxis and humanoid robots.

Shashua will remain CEO until Mobileye hires a replacement, according to a regulatory filing Thursday.

Mobileye began manufacturing computer vision chips based on Shashua’s academic research at the Hebrew University of Israel and grew to become a major supplier of chips that power car safety and driver-assistance functions. It had the largest initial public offering in Israel’s history, was acquired in 2017 by Intel for $15.3 billion, and then became a publicly traded company again in 2022, although Intel remains its largest shareholder.

Under Shashua, Mobileye also went beyond selling chips to automakers and began building its own systems that handle autonomous driving, which it now supplies to Volkswagen and its subsidiary MOIA.

In January, the company acquired Shashua’s humanoid robotics startup Mentee Robotics for $900 million, which Shashua called part of “Mobileye 3.0,” the next phase of the business focused on automotive robotics and artificial intelligence.

Mobileye also said in June that it would expand beyond its provider status to launch its own robotaxi service in a US city in 2027.