Chinese startup Horizon Robotics, which makes AI chips for robots and autonomous vehicles, raises $150M, part of a planned $700M Series C (Rita Liao/TechCrunch)

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Rita Liao / TechCrunch:
Chinese startup Horizon Robotics, which makes AI chips for robots and autonomous vehicles, raises $150M, part of a planned $700M Series C  —  In their rush to offer alternatives to advanced western chipsets, Chinese semiconductor companies are racking up large fundings from investors.

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