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Synopsis
Great Wall Motor, a Chinese automobile manufacturer, led a $350m Series C3 round in Horizon Robotics, an auto smart chip startup. "GWM has industry-leading technological innovation strength, especially in the field of automobile intelligence, and Horizon Robotics has strong strength in such fields as artificial intelligence chips, visual perception and multi-modal interaction. Both sides are intended via this cooperation to build an extensive and in-depth cooperative relationship, and are committed to promoting the ecological construction of intelligent vehicles and jointly building future-oriented intelligent vehicle products," Yu Kai, Horizon Robotics Founder and CEO.
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