Horizon Robot Completes Nearly Million Dollars in A+ Round of Funding Intel Leaders

Horizon CEO Yu Kai and Intel Group Senior Vice President & Intel Investment President Wendell Brooks

This article is produced by NetEase Smart Studio (public number smartman 163). Focus on AI and read the next big era!

[Netease smart news October 20 news] Horizon at the Intel Investment CEO Conference held in San Francisco, announced the completion of a total of nearly US$ billion A+ round of financing, this round of financing led by Intel Capital, Harvest investment joint investment, other investment The parties include the current shareholder Morning Star Capital, Sorghum Capital, Shuanghu Investment and Linear Capital.

It is understood that as early as November 2016, the Horizon teamed up with Intel Corporation. Both parties exhibited a senior assisted driving system solution jointly developed based on the Horizon BPU architecture at CES 2017 in January 2017. The founder and CEO of Horizon Dr Kai said: "Intel's position and resources in the computing industry and its strength in the field of artificial intelligence can provide important support for the landing of our automated driving solutions."

In addition, Yu Kai said that this financing will help Horizon to bring important strategic resources and advancement speed in the development of embedded artificial intelligence hardware architecture and the landing of autopilot solutions.

At present, Horizon Smart Driving is advancing in two lines at the same time, advanced ADAS (Advance Driver Assistance System), and ADAS R&D on FPGA platform. Now there is a more complete and stable version, and the cooperation with Tier 1 will soon land; In the driving direction, the current horizon is mainly concentrated on low-speed automatic driving. At present, the automatic parking program has also been tested and completed. (Dingxi)

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