Beijing Megvii Technology Co., Ltd. announced the completion of the second phase of equity financing in its Series D round. The total financing amount in the Series D round has now reached approximately US$750 million.
Companies participating in the Series D round include Bank of China Group Investment Co., Ltd. (BOCGI), a wholly-owned subsidiary of Abu Dhabi Investment Authority (ADIA), Macquarie Group and ICBC Asset Management (Global) Co., Ltd.
Since its establishment in 2011, Megvii has possessed core competitiveness in deep learning and can be regarded as a rising star among artificial intelligence companies. The company now has more than 2,000 employees and has R&D centers in Beijing, Shanghai, Nanjing, Chengdu and Seattle, USA.
In February this year, CB Insights, one of the most powerful think tanks in Silicon Valley, released the AI 100 2019 report, selecting the 100 "most promising" AI startups worldwide. Megvii Technology was on the list and was also one of the AI companies with the most financing that year.
This round of financing will undoubtedly strengthen Megvii's technological advantages in the field of deep learning and accelerate the commercialization of artificial intelligence solutions. In addition, Megvii said it will also recruit talents to promote the company's international operations.
Megvii co-founder and CEO Yin Qi said that this will help drive Megvii's next stage of growth. Megvii is committed to creating innovative artificial intelligence technologies to solve the challenges facing society and industry.
Previous article：Infineon expects revenue to grow 1% in Q3 this year, preparing for slower growth
Next article：Broadcom Integrated Circuits CEO Zhang Pengfei: Calls himself an IC "craftsman"
Recommended ReadingLatest update time:2024-11-16 03:48
From China to abroad, news about AI farming has emerged one after another
In this farm, the use of artificial intelligence technology has reduced its manpower by two-thirds. At the tool level, intelligence can help solve manpower problems; at the analysis level, intelligence can solve quality problems. The AI trend has already spread to animal husbandry. In the past two years, news abo
[Embedded]
2022 World Artificial Intelligence Conference (WAIC) Keynote Speech Notes
Qualcomm President and CEO Amon September 1 Amon: Hello everyone, I am Amon, President and CEO of Qualcomm. I am honored to attend the World Artificial Intelligence Conference again to discuss a topic that excites me - the Metaverse. Simply put, the Metaverse is the future of the Internet, a spatial Internet
[Industrial Control]
The collision of chips, AI and advanced manufacturing! Qihang Fund project roadshow live broadcast launched
Jiwei.com will jointly launch a roadshow live broadcast event with Beijing Qihang Investment Management Co., Ltd. This roadshow is a special event for information technology projects invested by Zhongguancun Qihang Fund. It selects 6 high-quality pan-information technology projects invested by Qihang Investment, invol
[Mobile phone portable]
STMicroelectronics’ STM32Cube.AI Ecosystem Strengthens Support for Efficient Machine Learning
China, August 23, 2021 - STMicroelectronics' STM32Cube.AI development environment provides users with a variety of machine learning techniques, giving them more flexibility to solve three algorithmic challenges: classification, clustering, and novelty detection as efficiently as possible. In addition to being abl
[Embedded]
Focusing on semiconductor manufacturing innovation! SK Hynix invests in AI company Gauss Labs
The report noted that Gauss Labs will set up an office in South Korea later this month after establishing its headquarters in Silicon Valley, the United States, last month. SK Hynix is the sole investor in its initial capital of $55 million until 2022. It is reported that SK Group has been promoting various AI busin
[Mobile phone portable]
Houmo Intelligent brings its first integrated storage and calculation smart driving chip to the 2023 World Artificial Intelligence Conference
On July 6, the 2023 World Artificial Intelligence Conference officially opened at the Shanghai World Expo Center and World Expo Exhibition Hall. The number of exhibitors and the exhibition area of this conference are the largest ever. As a pioneer in global storage and computing integrated smart driving chips, Houmo
[Automotive Electronics]
Can you tell who is lying by looking at their facial expressions? Even with AI, it still doesn't work
Cal Lightman, the male protagonist of the American TV series "Lie to Me", can be called a "human lie detector". By observing a person's facial expressions, he can tell whether the other person is lying or hiding something. Lightman's strength lies not only in his ability to discern and analyze the meaning behi
[Mobile phone portable]
Intel and 50 partners unveiled a full range of 30 notebook and desktop AI PCs equipped with Intel Core Ultra (2nd Generation)
50 partners, 30 models, 28 applications: Intel Core Ultra processors (2nd generation) make AI accessible to all PC users
October 25, 2024, Beijing - Today,
Intel held the Intel Core Ultra 200V Mobile Processor Tasting and AI PC Ecosystem Conference, as well as the Intel Core Ultra 200S Desktop Proce
[Home Electronics]
- Popular Resources
- Popular amplifiers
Introduction to Internet of Things Engineering 2nd Edition (Gongyi Wu)
Recommended Content
Latest Mobile phone portable Articles
- Apple faces class action lawsuit from 40 million UK iCloud users, faces $27.6 billion in claimsAccording to foreign media reports, recently, the British consumer rights organization "Which?" filed an antitrust lawsuit against Apple on behalf of approximately 40 million iCloud users, accusing Apple of violating competition laws and seeking up to $30 million in damages. ...
- Apple and Samsung reportedly failed to develop ultra-thin high-density batteries, iPhone 17 Air and Galaxy S25 Slim phones became thickerOn November 11, sources Jukanlosreve and yeux1122 revealed that both Apple and Samsung's ultra-thin high-density battery projects had failed. The two companies had previously tried to develop ultra-thin high-density batteries in their iPhones. ...
- Micron will appear at the 2024 CIIE, continue to deepen its presence in the Chinese market and lead sustainable developmentAt this year's CIIE, Micron shared the latest progress of the Xi'an packaging and testing plant expansion project, and shared with relevant partners on the theme of "Talking about Empowerment: Co-promoting Coexistence of Business and Sustainable Development"....
- Qorvo: Innovative technologies lead the next generation of mobile industryAt the 12th China Hard Technology Industry Chain Innovation Trend Summit held recently, Qorvo China Senior Sales Director Jiang Xiong shared Qorvo's technological innovation and market development in the new generation of 5G applications. ...
- BOE exclusively supplies Nubia and Red Magic flagship new products with a new generation of under-screen display technology, leading the industry into the era of true full-screenBOE (BOE Oriental) exclusively supplies Nubia and Red Magic flagship new products. The new generation of under-screen display technology leads the industry into the era of true full-screen. On November 5, BOE (BOE Oriental) joined hands with Nubia, ...
- OPPO and Hong Kong Polytechnic University renew cooperation to upgrade innovation research center and expand new boundaries of AI imaging
- Gurman: Vision Pro will upgrade the chip, Apple is also considering launching glasses connected to the iPhone
- OnePlus 13 officially released: the first flagship of the new decade is "Super Pro in every aspect"
- Goodix Technology helps iQOO 13 create a new flagship experience for e-sports performance
MoreSelected Circuit Diagrams
MorePopular Articles
- LED chemical incompatibility test to see which chemicals LEDs can be used with
- Application of ARM9 hardware coprocessor on WinCE embedded motherboard
- What are the key points for selecting rotor flowmeter?
- LM317 high power charger circuit
- A brief analysis of Embest's application and development of embedded medical devices
- Single-phase RC protection circuit
- stm32 PVD programmable voltage monitor
- Introduction and measurement of edge trigger and level trigger of 51 single chip microcomputer
- Improved design of Linux system software shell protection technology
- What to do if the ABB robot protection device stops
MoreDaily News
- Allegro MicroSystems Introduces Advanced Magnetic and Inductive Position Sensing Solutions at Electronica 2024
- Car key in the left hand, liveness detection radar in the right hand, UWB is imperative for cars!
- After a decade of rapid development, domestic CIS has entered the market
- Aegis Dagger Battery + Thor EM-i Super Hybrid, Geely New Energy has thrown out two "king bombs"
- A brief discussion on functional safety - fault, error, and failure
- In the smart car 2.0 cycle, these core industry chains are facing major opportunities!
- The United States and Japan are developing new batteries. CATL faces challenges? How should China's new energy battery industry respond?
- Murata launches high-precision 6-axis inertial sensor for automobiles
- Ford patents pre-charge alarm to help save costs and respond to emergencies
- New real-time microcontroller system from Texas Instruments enables smarter processing in automotive and industrial applications
Guess you like
- A novice needs help. When drawing PCB manual wiring in AD13.4, why can't I see the trace of the wiring before the wiring is completed?
- What are the important techniques for PCB wiring?
- Naming of Cadence Allegro 17.2 built-in pads
- A precision rectification experiment
- Video: Talking about TI CC2650
- How stable is RT-Thread?
- TI - MCU - MSP430 User Guide 2 -> CPU/CPUX
- How to improve the hardware and software architecture of embedded minimum systems?
- Among domestic chips, which ones are suitable for smart homes?
- What's the problem with WeChat voice echo? Is it a network problem, a setting problem, or a device problem?
京公网安备 11010802033920号