Release2026-10-19

DoubleAI launched a new AI model category to cut compute costs. It is based in Tel Aviv. Amnon Shashua co-founded and leads the company. Shashua also co-founded Mobileye. Investors include Lightspeed, Bessemer, Nvidia and Dell. DoubleAI has raised $220 million in total. It claims a 67% cost cut for one early customer. Shashua will step down as Mobileye CEO once a successor is named.

What it unlocks

Lowering company compute costs with a new AI model category.

  • 67% compute cost reduction
  • $220 million raised

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