The addition of Moovit brings Intel's Mobileye closer to achieving its plan to become a complete mobility provider, including robotaxi services, which is forecast to be an estimated $160 billion opportunity by 2030.

Intel acquired the Israeli transit app Moovit for approximately $840 million in 2020 to accelerate its "Mobility-as-a-Service" (MaaS) strategy under its subsidiary, Mobileye. The primary goal was to combine Moovit’s massive proprietary transportation dataset—which includes real-time data from over 7,500 transit agencies and millions of users—with Mobileye’s autonomous driving technology. By 2026, this acquisition has allowed Intel to develop sophisticated "multimodal" routing for self-driving robotaxis, ensuring they can navigate complex city infrastructures effectively. Essentially, Intel didn't just buy a map app; they bought the "eyes and brain" of urban transit patterns, enabling them to predict traffic and passenger demand more accurately than competitors. This data is critical for the rollout of autonomous shuttle fleets, helping Intel transition from a chip manufacturer to a leader in the global $160 billion automated mobility market.