As the target valuation of Mobileye, an autonomous driving subsidiary of Intel, continues to be lowered, the field of autonomous driving chips in China is active. Many local car companies such as Great Wall Motor and BYD are accelerating their investments in the chip industry.
Horizon Robotics, a manufacturer of in-vehicle smart chips, announced on September 26 that it has received strategic investment from Chery Automobile, with funds to be used primarily for the development and mass production of chips.
Enjoy Move, an intelligent driving high-performance computing software platform, announced on July 28 its completion of B1-round financing totaling nearly 100 million ($14.8 million).
Horizon Robotics, an artificial intelligence computing platform company, launched the Horizon Hobot Platform on Tuesday, which is the first robot development platform integrating software and hardware in China.
Chinese smart driving chipmaker Horizon Robotics on Wednesday officially became a strategic partner of JueFX, an autonomous driving solutions provider.
Chinese automotive-grade edge AI chipmaker Horizon Robotics announced on Thursday that electric vehicle maker Niutron's first model, the Niutron NV, would be equipped with Horizon's Journey 2 and Journey 5 chips.
Shenzhen-based electric vehicle maker BYD entered into a partnership on Thursday with Horizon Robotics, which will provide its self-driving "Journey 5" computer chip for certain BYD models set to be launched next year.
Horizon Robotics, a Chinese chip company, recently reached a strategic cooperation agreement with automotive technology developer MINIEYE.
Chinese Artificial Intelligence (AI) chipmaker Horizon Robotics announced a massive $600 million funding in its Series B financing round, setting a new record of funding in the AI chip making industry.