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Horizon Robot wins investment from Silicon Valley investor yuri_Horizon is awarded by Intel for nearly $100 million in A+ round financing
Horizon Robotics has secured a significant investment from Silicon Valley-based venture capitalist Yuri Milner, marking a major milestone in the company's journey. Founded by Dr. Yu Kai, former head of Baidu's Institute for Advanced Learning (IDL), Horizon is dedicated to developing an intelligent "brain" platform powered by deep neural networks—combining both software and custom chips.
The company's long-term vision is to bring intelligence to every aspect of daily life, aiming to integrate AI into 1000 different consumer products over the next decade. These products will be capable of sensing, interacting, understanding, and making decisions. Horizon has already developed key platforms such as "Hugo" for autonomous driving and "Andersen" for smart homes, achieving several world-leading breakthroughs in the field.
Yuri Milner, founder of DST Global and a well-known investor in tech giants like Facebook, WhatsApp, Airbnb, Spotify, and Alibaba, expressed his confidence in Dr. Yu Kai and his team. He stated, "I am always honored to partner with outstanding technology startups. Artificial intelligence has the power to transform the world and improve human lives. I have great respect for Dr. Yu Kai and his team at Horizon."
Dr. Yu Kai, who returned to China from Silicon Valley in 2012, has been determined to build the best AI ecosystem in the country. He led the establishment of Baidu IDL, China's first deep learning research institute, and spearheaded the first self-driving project by a Chinese internet company. His work has significantly contributed to advancements in speech recognition, computer vision, and more.
Horizon was founded in July 2015 and has since completed its seed round of financing. It has attracted investments from top institutions including Chenxing Capital, Sequoia Capital, and Innovation Works. The company focuses on bringing AI to the edge through its high-performance, low-power "brain engine," enabling devices to become smarter and more responsive.
The company’s solutions span across hardware, software, and cloud services, integrating processors like ARM, GPU, FPGA, and ASIC, along with peripheral devices and operating systems. This comprehensive approach allows devices such as home appliances, cars, and toys to achieve true intelligence—from perception to decision-making.
In October 2017, Horizon announced a successful $100 million A+ funding round led by Intel Capital, with additional participation from existing investors. This round marked a key step in scaling up the company's AI platform and expanding its global footprint. The investment highlights the growing importance of AI in shaping the future of technology and business.