Volkswagen Invests $180 Million in a Chinese AI Startup
- Car-maker partners with Beijing-based AI company Mobvoi
- Mobvoi’s products are based on voice-recognition technologies
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Mobvoi Inc., the Chinese artificial intelligence startup backed by Google, is getting a $180 million investment from Volkswagen AG to join a race to build the technology into cars.
The startup, founded in 2012 by a group of former Googlers, will develop products for Volkswagen models and possibly other brands based on its voice-recognition and natural language processing technology. That includes a smart rear view mirror that provides navigation, messaging and information through voice input, the company said in a statement.