Chinese AI chip designer Horizon targets over $700m Series C, raises $150m

Chinese AI chip designer Horizon targets over $700m Series C, raises $150m

Artificial intelligence. Photo from Unsplash

Horizon Robotics announced on Tuesday its plan to raise over $700 million in a Series C round, as the artificial intelligence (AI) chip designer joins a string of domestic peers to tap investors despite the Trump administration’s heightened crackdown on China Tech.

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