ThinkForce is working on semiconductor technology that integrates artificial intelligence, and has raised its inaugural funding round from investors including Yitu.
China-based artificial intelligence (AI) semiconductor producer ThinkForce has raised RMB450m ($68m) in a series A round that included machine vision technology developer Yitu Technology, China Money Network reported today.
The round also featured venture capital firm Sequoia Capital China, hedge fund manager Hillhouse Capital and private equity firm Yunfeng Capital.
ThinkForce is working on semiconductors that integrate AI algorithms and an AI hardware platform. The company claims its technology will accelerate neural network models and will boast a fivefold…
