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April 6, 2017 02:58 pm GMT
Volkswagen is doubling down on China andAI in one fellswoop after the automaker announced a $180 million investment in Chinese startup Mobvoi to bring smart technology into its cars. Unlike a regular capital raise, VW’s money is going into a joint-venturethat will “develop and apply AI technologies to automotive industry” rather than Mobvoi itself, the companies said in… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/saOvPiUHf_Y/
Volkswagen doubles down on China with $180M investment in smart technology for cars
Volkswagen is doubling down on China andAI in one fellswoop after the automaker announced a $180 million investment in Chinese startup Mobvoi to bring smart technology into its cars. Unlike a regular capital raise, VW’s money is going into a joint-venturethat will “develop and apply AI technologies to automotive industry” rather than Mobvoi itself, the companies said in… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/saOvPiUHf_Y/
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