Mobileye’s Nasdaq IPO raises $861 million

Mobileye is committed to the research of computer vision algorithms and chip technology of driver assistance systems in the automotive industry, providing services such as vehicle assistance driving systems, adaptive cruise control systems, lane departure warning, forward collision warning, progress monitoring, and high beam assistance. A few days ago, Mobileye, an autonomous driving subsidiary of Intel, officially landed on Nasdaq with the stock symbol “MBLY”, raising $861 million.

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