Horizon Robotics, ThunderSoft set up joint venture for intelligent driving
Beijing (Gagsoo)- On April 18th, China’s AI chip supplier Horizon Robotics announced that it would establish a joint venture for intelligent driving with leading OS developer, ThunderSoft.
Photo credit: Horizon Robotics
ThunderSoft will own the controlling share of the joint venture. The venture’s business will focus on the intelligent driving field, revolving around Horizon Robotics’ auto-grade AI chips, providing high-quality intelligent driving software platforms and algorithm services for automakers and Tier1 suppliers.
In order to create a differential yet ever-improving user experience, automotive chip suppliers and software developers should work together in the fierce and competitive field.
In an effort to accommodate the growing market demands, the joint venture will take the advantage of both parent companies and build an open autonomous driving platform for clients. To be specific, building on Horizon Robotics’ Journey series chips, ThunderSoft’s product and technological capabilities in OS and middleware, as well as both companies’ experience accumulation in commercialization, the joint venture will provide algorithm integrations and optimization, software adaption and development services as an authorized software service provider of Horizon Robotics.
In the future, Horizon Robotics and ThunderSoft plan to explore more business patterns on top of the joint venture and reinforce its comprehensive strength and market competitiveness. The partners disclosed that they will also direct their intellectualization capability to other industries, potentially.
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