VW ploughs £144m in a Chinese AI startup

Chinese artificial intellgence startup Mobvoi, is getting a $180m (£144m) injection from Volkswagen to build the technology into its cars.

VW ploughs £144m in a Chinese AI startup

The startup, backed by Google and founded in 2012 by a group of former Google employees, will build products for VW models based on its voice-recognition and natural-language processing technologies.

This includes a smart rear-view mirror that provides navigation, messaging and information through voice input said Mobvoi in a statement

In Mobvoi's last round of financing in 2015, led by Google, the company was valued at $300m.

Topics

Cannes Offer: 12 weeks' online access from just £12

Subscribe to Campaign before the end of Cannes Lions and save up to 71%

SUBSCRIBE

Looking for a new job?

Get the latest creative jobs in advertising, media, marketing and digital delivered directly to your inbox each day.

Create an Alert Now
Job description: Digital marketing executive
Shares0
Share

1 Job description: Digital marketing executive

Digital marketing executives oversee the online marketing strategy for their organisation. They plan and execute digital (including email) marketing campaigns and design, maintain and supply content for the organisation's website(s).

Just published

More