AI, China Dominate Semiconductor Funding
Nitin Dahad, EETimes
7/24/2018 00:01 AM EDT
The technology upon which it is based is reflected in the figures for investments in artificial intelligence (AI) and related tech companies, including semiconductor companies.
Take for example Beijing-based SenseTime, which in the second quarter raised more than $1.2 billion. Among other things, it provides AI-powered surveillance for the Chinese police. This week, it is reported that the SoftBank Vision Fund is considering putting in almost$1 billion more in SenseTime, which is already valued at over $4.5 billion, arguably the most valuable AI company globally.
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