Horizon #robotics, a Chinese rival to #nvidia, seeks to raise over $700M
December 21, 2020 | Uncategorized
In their rush to offer alternatives to advanced western chipsets, Chinese semiconductor companies are racking up large fundings from investors. Horizon Robotics, a five-year-old unicorn specializing in AI chips for robots and autonomous vehicles, announced Tuesday that it has secured $150 million in funding. The proceeds are the first close of an over $700 million […]