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BEIJING — With the fast growth of autonomous driving applied sciences, the first driver for commercialization and large-scale functions has change into accelerating technological innovation and selling the implementation of cutting-edge applied sciences. Lately, ThunderX Auto Know-how Co., Ltd. introduced that it has closed a financing spherical with Qualcomm Ventures. The funding will go towards R&D funding in autonomous driving core applied sciences, high-quality mass manufacturing, and a expertise coaching system.
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As a subsidiary of Thunder Software program Know-how Co.,Ltd. (ThunderSoft) specializing in area controller computing energy platforms, ThunderX makes full use of ThunderSoft’s technical benefits in working programs and real-time software program platforms, to deeply discover and plan for an open clever driving platform that gives software program and {hardware} in area controllers and built-in area controllers. ThunderX will construct a versatile enterprise mannequin with clients and goal to change into the world’s main supplier of clever car computing platforms.
Wenguang Wu, Chairman of ThunderX stated: “We respect Qualcomm Ventures for his or her recognition and help for ThunderX by way of their funding. Sooner or later, we’ll seize alternatives within the period of clever driving to additional improve funding in analysis and growth in clever driving. We are going to constantly push for technological improvements and breakthroughs to speed up the commercialization and mass manufacturing of applied sciences. ”
“Clever driving is a expertise with broad functions and future development potential,” stated James Shen, Vice President, Qualcomm Applied sciences, Inc. and Managing Director of Qualcomm Ventures China. “ThunderX’s resolution can convey industry-leading merchandise that supply extra custom-made and superior driving experiences to the market. We’re excited to put money into ThunderX and help their innovation in clever driving options”.
The clever driving {industry} is ushering in a interval of fast growth. Based mostly on its main real-time platform software program, superior toolchains, and sustainably iterative area management platform merchandise that meet the best degree of purposeful security, ThunderX will make full use of those core technological benefits and promote the mass manufacturing of clever driving and speed up clever transformation of the automotive {industry}.
About Qualcomm Ventures
Qualcomm Ventures, performing by way of Qualcomm Ventures LLC or its affiliated entities, has been making strategic investments in expertise corporations which have the potential to dramatically rework our world since 2000. As a worldwide investor, we glance to assist entrepreneurs construct revolutionary companies that reshape the world round us. For extra info please go to: www.qualcommventures.com
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About ThunderX
ThunderX, a ThunderSoft subsidiary, focuses on autonomous driving area management and open clever car HPC software program and {hardware} platforms. Constructing on ThunderSoft’s main applied sciences in working programs, ThunderX can fulfill the world’s clients with real-time software program platforms and area management platforms which can be scalable, superior, secure, open, and with deterministic latency. Having established in-depth strategic cooperation with the main producers and suppliers of chips, sensing gadgets, {hardware} and algorithms, ThunderX can present shoppers from industries like clever car with varied providers, together with open platforms and turnkey platforms.
View supply model on businesswire.com: https://www.businesswire.com/information/house/20220713006022/en/
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