Xiaomi Invests In Businesses Starting The Chip Production For Self-driving Cars
The Black Sesame Technologies said it was approaching the pricing of nearly 2 billion USD after mobilizing hundreds of millions of dollars from investors, including the investment fund of Xiaomi.0: 00/1: 35 male statue of Xiaomi. Photo: Getty Imagesblack Sesame Technologies, China's start-up enterprise producing computer chips for self-driving artificial intelligence, said it is approaching the valuation of nearly 2 billion USD after mobilizing goods Hundred million USD from investors, including Xiaomi's investment fund Hubei Xiaomi Yangtze River Industry Fund.hubei Xiaomi Yangtze River Industry Fund led in investors, while Fulscience, smart car manufacturers do Automobile manufacturers of China are FAW Group, FAWER Automotive Parts and Huizhou Desay SV Automotive established, contributing capital as a strategic investor. It is the first investment of Xiaomi into a supplier Automotive components after this Chinese smartphone corporation late in March announcement will expand into the field of automotive manufacturing with a new part of smart electric tram
