AI chip maker Kneron raises $25M for autonomous driving push

AI chips, which are semiconductors designed to accelerate machine learning, have many applications. One of the promising use cases, according to Albert Liu, is using AI chips in autonomous driving vehicles.

That’s why Liu’s AI chipmaking startup Kneron has been quietly racking up investments to march into smart transportation. It recently closed a new round of $25 million funding with Lite-On Technology, a Taiwanese optoelectronic pioneer, as a strategic investor. Other investors included Alltek, PalPilot, Sand Hill Angels and Gaingels.

https://techcrunch.com/2021/12/20/ai-chip-kneron-25-million-funding/