Volkswagen's Cariad plans to invest $1B in Chinese AI company Horizon Robotics and a further $1.26B in a joint venture with Horizon, taking a 60% stake (Reuters)
Reuters: Volkswagen's Cariad plans to invest $1B in Chinese AI company Horizon Robotics and a further $1.26B in a joint venture with Horizon, taking a 60% stake — Volkswagen (VOWG_p.DE) will invest 2.4 billion euros ($2.33 billion) and take a 60% stake in a new joint venture with Chinese technology …
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Reuters:
Volkswagen's Cariad plans to invest $1B in Chinese AI company Horizon Robotics and a further $1.26B in a joint venture with Horizon, taking a 60% stake — Volkswagen (VOWG_p.DE) will invest 2.4 billion euros ($2.33 billion) and take a 60% stake in a new joint venture with Chinese technology …
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