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20 October 2017

Intel Capital reaches Horizon in $60m data spree

The unit is set to lead a $100m round for Horizon Robotics as part of $60m investment in data-focused companies, taking its total 2017 spending to almost $570m.

Author: Robert Lavine, News Editor

Intel Capital, the corporate venturing arm of semiconductor technology producer Intel, will lead a $100m series A+ round for China-based artificial intelligence chip developer Horizon Robotics, Bloomberg reported yesterday.