VW has invested in five year-old Beijing AI start-up Mobvoi. The $180 million investment is the biggest single investment in Mobvoi which has been backed by Google and Sequoia. Mobvoi is valued at over $1 billion. Mobvoi was founded by ex-Google employee, John Hopkins graduate, Li Zhifei who also has a partnership with Google to ...
Read full article: VW invests in Beijing AI start-up
from Electronics Weekly https://www.electronicsweekly.com/news/business/vw-invests-beijing-ai-start-2017-04/
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