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

Become a member of Campaign from just £51 a quarter

Get the very latest news and insight from Campaign with unrestricted access to campaignlive.co.uk , plus get exclusive discounts to Campaign events

Become a member

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

Partner content

AGENCY
AGENCY

Would AI lie to you?