Chapter 84 Acquisition



Therefore, he devoted some of his attention to scientific and technological innovation and biotechnology, as a company with a market value of trillions of yuan can leverage a lot of social resources.

Zheng thought it would be a good opportunity to test whether his proposed approach to AI silicon-based chips was correct.

Cheng Gang continued, "We'd like to learn more about SecondMind. I understand that you were involved in SecondMind's Series B funding round."

"So I'd like to ask about more specific details about this company."

The head of Tencent's investment department didn't think there was anything wrong with it. Kechuang Bio's strength lies in research and development, and they are complete novices in the investment field.

Not to mention Kechuang Biotechnology, even Cheng Gang and Shunwei Capital, where he previously worked, are not in Tencent's eyes.

Tencent has far more funds than Lei Jun's Shunwei Capital.

"Secondmind? I seem to remember it, but we look at so many projects. This company probably isn't listed yet. We invested in the earlier rounds."

"Let me check the computer." After saying that, she started searching through the investment project management system on the computer.

"This company is an English AI chip company that specializes in autonomous driving. It has already burned through 200 million US dollars."

"We recently signed an agreement with Mazda to license our active learning platform to them."

The active learning platform that SecondMind licensed to Mazda is not for autonomous driving, but rather for optimizing Mazda's engine ECU using deep learning algorithms.

Secondmind Active Learning for powertrains can help automakers reduce engine calibration time by 50% and lower data acquisition and processing costs.

"Well, if you're planning to invest, you could try investing a small amount. I personally think this company has potential."

"But in the long run, there are too many competitors, and it is difficult to obtain enough data by relying solely on cooperation."

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