Caroline Hyde
π€ SpeakerAppearances Over Time
Podcast Appearances
Well, CES Day 2 is well underway, and with that in mind, let's go to Bloomberg Tech co-hosts Caroline Hyde and Ed Ludlow, who are on the ground in Las Vegas with Paul Berlucki.
Bloomberg Tech is live from coast to coast.
with Caroline Hyde in New York and Ed Lovelow in San Francisco.
Bloomberg Audio Studios Podcasts, radio, news.
Mobileye yesterday had a pretty key announcement.
A new deal.
A deal to the tune of $900 million, combined in cash, Mobileye shares, to buy Menti Robotics.
And the deal is expected to be closing in the first quarter of 2026.
We're still in gains, up 3 cents per cent, but we're significantly off of our highs as the market digests what this deal really means.
We've got the perfect person to be asking what it means.
Amnon Shashua is here with us.
Mobileye CEO, it is wonderful to have some time with you, sir.
Why is it right for you to go from autonomous driving into the world of robotics?
I mean, of course, in many ways, people would say you'd think that because you helped found Mentee, your son's work at Mentee.
Help me get comfortable with that because many have thrown such accusations Elon Musk's way sometimes in previous acquisitions and not liked it.
You're striking deals.