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Investee Company:Horizon Robotics signed a strategic cooperation agreement with WILLSEMI and received strategic investment

Apr 22, 2021


 
On April 22, the investee company of Oceanpine Capital —— Horizon Robotics signed a strategic cooperation agreement with WILLSEMI and announced that it had received strategic investment from Weihao Chuangxin, an equity investment company that WILLSEMI participated in. Following the cooperation between Horizon and OmniVision Technologies, a subsidiary of WILLSEMI, in the field of in-vehicle intelligent interaction in 2020, the two parties plan to launch strategic cooperation in the field of intelligent driving and quickly implement the Horizon Matrix® based on Journey 2 in a number of head OEMs. Mono assisted driving solution.
 
Horizon Robotics is a world-leading provider of edge artificial intelligence (AI) platforms. With smart mobility, smart city and smart retail as main application scenarios, Horizon Robotics is dedicated to providing customers with open software platforms and application solutions based on its self-developed AI chips and algorithm software. With world-leading capabilities for deep learning and development of decision inference algorithms, Horizon Robotics integrates algorithms into high-performance, low-power and low-cost edge AI processors and hardware/software platforms. Based on the innovative AI processor architecture Brain Processing Unit (BPU), Horizon Robotics has independently designed and developed China’s first world-leading edge AI vision chip – Journey processors for smart mobility and Sunrise processors for smart cameras, and provides customers in the industry with a complete solution of “algorithm + chip + cloud”.
 

Source: Oceanpine Capital

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