China has made boosting self-sufficiency as well as research and development into semiconductors a top priority, prompting tech giants to invest into chips.
Food delivery giant Meituan is the latest big technology company to invest in a chip company with its backing of Axera.
Axera's products are focused on AI chips for the field of computer vision. This relates to the way that computers can analyze and process large amounts of images and could be used in areas such as facial recognition. But this requires large amounts of computing power that can be aided by specialized computer vision chips.
The start-up has launched two chips since it was founded in May 2019. Axera says that its chips can be used in applications such as so-called smart cities and smart homes. The new funding will be put toward hiring talent and expanding the company's business, Axera said.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Big Tech Stocks Have Bounced Back, but More Bumps Lie AheadNew VIP+ Analysis: Despite challenges this week, stocks of the tech giants staged a big reversal. Here are the names worth a long-term look.
Lire la suite »
Crypto.com Capital Hires Jon Russell as LP, Hints at Expanding Fund Size.cryptocom Capital has hired former tech journalist jonrussell as a limited partner as part of its Web 3 plan. thesamreynolds reports.
Lire la suite »
Tech Companies Don't Need to Be Creepy to Make MoneySurveillance capitalism is creepy, and big tech companies can still profit without it. (From 2021)
Lire la suite »
L'Occitane's Best-Selling Serum Is a Nighttime Ritual in a BottleThe nighttime step we didn't know we were missing. 🌙
Lire la suite »
Tesla's Cybertruck Production Delayed Once More Till 2023The carmaker is working on making its electric truck more appealing as competition rises. 🚗 engineering
Lire la suite »
Two Young Black Entrepreneurs Started An EdTech School To Help Underserved Groups Pivot Into Fast-Growing, Well-Paying Tech JobsThe tech training school's mission is to “empower minority students with in-demand technical skills, in an industry that historically lacks racial diversity, and build a 100-million-dollar business.”
Lire la suite »