The financing comes shortly after AutoX moved its headquarters from Silicon Valley to Hong Kong, and opened a China R&D center in Shenzhen this year.
He reportedly hid code and accepted kickbacks from a classmate during the self-driving company’s $128 million Series A last May.
The Beijing government started granting temporary self-driving permits to mobility companies in March 2018.
The company is focused on developing AI chips for self-driving vehicles and surveillance cameras, among others.
The Chinese search engine giant seeks to increase its self-driving advantages in the country’s EV consumption boom.
Distancing farmers from pesticides can lower their risk of poisoning.
AI is providing useful solutions in agriculture to save time and resources through automation.
DJI is XAG’s primary competitor in the industrial drone industry.
It is the latest in a series of prominent startups listing abroad, unimpressed by the new STAR market.