In recent years, eye-tracking (ET) methods have gained an increasing interest in STEM education research. When applied to engineering education, ET is particularly relevant for understanding some aspects of student behavior, especially student competency, and its assessment. However, from the instructor’s perspective, little is known about how ET can be used to provide new insights into, and ease the process of, instructor assessment. Traditionally, engineering education is assessed through time-consuming and labor-extensive screening of their materials and learning outcomes. With regard to this, and coupled with, for instance, the subjective open-ended dimensions of engineering design, assessing competency has shown some limitations. To address such issues, alternative technologies such as artificial intelligence (AI), which has the potential to massively predict and repeat instructors’ tasks with higher accuracy, have been suggested. To date, little is known about the effects of combining AI and ET (AIET) techniques to gain new insights into the instructor’s perspective. We conducted a Review of engineering education over the last decade (2013–2022) to study the latest research focusing on this combination to improve engineering assessment. The Review was conducted in four databases (Web of Science, IEEE Xplore, EBSCOhost, and Google Scholar) and included specific terms associated with the topic of AIET in engineering education. The research identified two types of AIET applications that mostly focus on student learning: (1) eye-tracking devices that rely on AI to enhance the gaze-tracking process (improvement of technology), and (2) the use of AI to analyze, predict, and assess eye-tracking analytics (application of technology). We ended the Review by discussing future perspectives and potential contributions to the assessment of engineering learning.