SAIC Joins Hand With Horizon Robotics for Autopilot Chips
On February 22, Chinese state-owned automotive company SAIC Motor announced that it has forged a comprehensive strategic cooperation with Horizon Robotics, an AI smart chip unicorn.
Tag: Horizon Robotics
An Overview of China’s Top-Funded AI Startups
From 2015 – 2017 over 450 Chinese AI startups received funding totaling CN¥30 billion (US$4.8 billion). Although the number of funding rounds declined in 2017, the year’s total funding was more than double the total for 2015 and 2016 combined.
Money is Chasing Chinese AI Startups
Beijing-based Horizon Robotics’ A-plus series funding round is expected to raise US$100 million by year’s end.