China's Horizon Robotics hits $3b valuation with Series B
Horizon Robotics, a Chinese developer of microprocessors that support machine learning and artificial intelligence (AI) technologies, has raised $600 million in Series B funding at a valuation of $3 billion.
The round was led by South Korean semiconductor manufacturer SK Hynix and its Chinese subsidiary, as well as the investment arms of several unnamed automotive groups, according to a statement. Other new...
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