September 15, 2015 5:00 AM PDT – TEL AVIV and JERUSALEM — While banking a white Audi on Route 443 outside Jerusalem, Shalom Mines nonchalantly let go of the steering wheel and took his foot off the gas.
In an instant, a camera-and-software system made by Mobileye, a Jerusalem company developing autonomous-car technology, took over and navigated the vehicle through a curve.
“I’m not doing anything,” Mines, a Mobileye test driver, said while he craned his head toward the rear of the car to show it was no trick. “One day I will just sit in the backseat.”
Mobileye’s journey reached a milestone last year when the 16-year-old company listed on the New York Stock Exchange, raising $1 billion in the largest initial public offering ever for an Israeli tech firm. The company, now at the forefront of crash-avoidance systems and the white-hot market of self-driving tech, immediately became a poster child for the higher ambitions of Israeli tech….Read More>>