Horizon Robotics receivs investment from Chinese automaker FAW


Source: chinadaily.com.cn chinadaily.com.cn

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A visitor looks at an auto chip developed by Chinese company Horizon Robotics at the 2021 Shanghai auto show. [Photo by LONG WEI/FOR CHINA DAILY] Chinese artificial intelligence chip company Horizon Robotics said it has received a strategic investment from Chinese automaker FAW Group Co Ltd. The new funding, of which Horizon Robotics did not disclose the specific size, will be used to strengthen the research and development of pioneering technologies for automotive-grade AI chips, as well as to beef up its engineering capabilities. Founded in Beijing in 2015, Horizon Robotics is a Chinese leader in developing automotive-grade AI computing...