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Edge AI Hardware Market Forecast Report 2022: USD 6 93 Billion Market Growth Opportunity by 2026

Edge AI Hardware Market: 44% of Growth to Originate from North America | By Component (memory, processor, and others) and Geography | Global Opportunity Analysis and Industry Forecast, 2022-2026

Xiaomi Eyeing Electric Car Market, Could Join $231 Million Investment Round on AI Driving Chipmaker

Xiaomi Eyeing Electric Car Market, Could Join $231 Million Investment Round on AI Driving Chipmaker Xiaomi is reportedly mulling over joining an investment round for Black Sesame, a company specializing in AI chips and systems for self-driving electric cars. Photo : David Ramos/Getty Image Xiaomi, the world s third-largest smartphone manufacturer in Q1 2021, has set its eyes on entering the electric car market. With that, the Chinese smartphone giant is looking to invest in the technologies required to run electric vehicles. In line with that business strategy, Xiaomi is allegedly mulling over participating in a $231 million investment round for Black Sesame Technologies, Inc., according to anonymous sources, Bloomberg reports.

Xiaomi Said to Mull Investing in AI Chipmaker Black Sesame

Xiaomi Said to Mull Investing in AI Chipmaker Black Sesame Bloomberg 2 hrs ago Bloomberg News © Bloomberg A Xiaomi Corp. branded shopping bag is seen inside a Xiaomi store in Hong Kong, China, on Friday, July 6, 2018. The tussle over Xiaomi s high valuation and concern over a U.S.-China trade war have overshadowed what had been one of the world s most highly-anticipated initial public offerings of the year. (Bloomberg) Mobile phone giant Xiaomi Corp. is among investors considering joining a funding round of at least 1.5 billion yuan ($231 million) for Black Sesame Technologies Inc., according to people familiar with the matter.

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